US-Stockmarkets are poised today for another spike to the upside. Vice Versa the VIX should drop further.
The following momentum to the downseide might be "slow" but the VIX could approach new record lows.
The trading idea before started short at 12.4 and was closed at 9.8. Intention of todays reopen is to follow the VIX to new lows. This might help to indicate any short term turning point in the comming 3-8 trading days.