The VIX is curving up on the daily and printing higher lows. If it takes out the descending resistance then the S & P may rip down. There is confluence with the S & P 500 rising wedge and the DXY printing higher lows. If the upper resistance line breaks then I would short the S & P 500. Be safe.
VIX
VIX
Trade closed: target reached:
Target reached. Should pump from here along with an S & P 500 dump.
Systematic wealth creation.