Day two: our potential VIX trade

It’s really all about China right now, and while we have seen sizeable moves in commodity prices (notably iron ore), the concerns seem contained to this space. 

If you look at the S&P 500, the index finished flat on the day, hence we haven’t seen too much of a reaction in the Volatility index, although we did see it rally to 15.9 at one stage.

I will stay with long trades here ahead of the Crimea referendum on the weekend.

Volatility Index
IG Charts

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