Tom Sosnoff and Tony Battista observed minor market movements with E-mini S&Ps up $1.25, NASDAQ up 14, Russell up 0.70, and the Dow up 22. They discussed the current low volatility (VIX), drawing insights from historical data since 1990. Tomas emphasized that low VIX typically implies small SPX movements and less likelihood of significant drawdowns. However, SPX drawdowns are more probable when VIX ranges between 20-30. The analysis suggested a 77% chance of continued low VIX through 2024, giving context to current market stability.