Just looking at the $VX and $SPX looks like a perfect wave pattern ready to consolidate in can’t say whether or not I’m right and let’s clarify this is my opinion not advice. The $DYX has the most short positions it’s had in a year and only 1000 shy of all time, it would be hard to see a rally continue with at least breathing, I don’t see a bubble but definitely some correction based on Fundamentals, Chart patterns & psychological reasons. I’m going short /ES tonight with a stop loss at $3950 I believe I’ll hold down to 3800 before taking profits and reversing my trade back up. I’ll go long on the /VX maybe I old like to capitalize every way possible but have to always assume there’s a possibility my trade may go wrong and let’s say I don’t want all my eggs in one basket.