#VIXIndicator, #SPXcampaign
The VIX crossed 13.03, which is 25% above the 2-day closing low. This cancels the upside warning and sets us up for the possibility of a downside warning. We now need to be cautious of further weakness, but also the possibility that, without a full downside warning in effect, that we may bounce from this week’s lows. We’d have to reach 14.34 today for a Warning to go into effect.

I will be looking to manage some pressured put spreads today.