With less than two hours left, Tuesday’s session is shaping up to be a rather tepid one for the broader market. For its part, the CBOE Volatility Index or “VIX” and the market’s best gauge of investor fear versus complacency seems to reflecting the price action of the day and then some. At its current levels of about 20.8% in the cash VIX, the index is closing on its year-to-date lows of 20.1% set a couple weeks back. The 20% level is important