VIX Term Structure ContangoVOLATILITY S&P 500TVC:VIXilbarrutiaFront end of the curve in contango. Market pricing in short term stability for next week. VIX9D/VIX Percentile Rank 36%. Looking for CHoCH under $24.70 and then an internal range liquidation under $23.50 for next week. If nothing crazy happens during the weekend. This would support thesis of Failed Follow Through on internal higher high (iBOS15m) after retest of 5-day EMA (reversal).