The CBOE Volatility Index (VIX) has taken a beating as the S&P 500 and US stocks continue their bull run. Over the last five trading days alone, the index has fallen -19.3%. If you recall our trading strategy, when the VIX is oversold and the S&P 500 is overbought, it's a time when we'll consider selling the S&P. Right now, the key levels we're looking for are 1603 in the S&P 500 and 10.8 in the VIX.
