On November 15, 2024, the CBOE Volatility Index (VIX) experienced fluctuations throughout the trading day, starting at 14.64 and rising to above 17 before retreating again. Early in the day, the VIX was noted at 15.66, with some traders anticipating a pullback. By midday, the VIX had increased by approximately 2%, indicating a lack of fear in the market. However, as the day progressed, the VIX reached a critical level of 16, which traders identified as a breakout point, suggesting potential pressure on the market if it remained above this threshold. Towards the end of the trading session, the VIX fell back under 17, as the market attempted to stabilize. Analysts noted that the market's performance was closely tied to the VIX, with resistance levels identified at 17 and 17.50. Overall, the day's trading indicated a cautious sentiment among traders, with expectations of a 0.5% move into the market close.