CBOE VIX Volatility Index holds narrow range as calm prevails on Wall Street.

The CBOE VIX (NYSEARCA:VXX) traded between gains and losses on Tuesday, as stock markets struggled to regain momentum following a landmark trade agreement between the United States, Canada, and Mexico.

The Chicago Board Options Exchange (CBOE) Volatility Index closed at 12.02, where it continues to trade well below the historic average. The so-called “fear index” exhibits weak momentum based on the technical charts.