Volatility in the VIX Over the Past Months

The VIX is near its recent lows, but it's still in a bullish trend. The interesting thing to watch over the next few days will be what happens with volatility and long-ball sellers. If we do see that again, which we had for a good chunk of last year, it's very possible that we see further downside risk in the S P 500 or US equity space as a whole.