8/17/17 update: The VIX signaled short term buy yesterday after trading to a low of 11.54, the previous low was 11.45 the day before. I still wouldn't trust a VIX rally right now so I'm glad I stepped aside from a new SPY trade. I still like the SPY short to 143.18 but now I would "prefer" to see the last high get taken out first.

The VIX near the 11.50 area the past 2 days...where I said it "might" turn. Did it? let's find out...just for fun.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=vix&x=54&y=14&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11