I have been short the SPX500 from 1982 points, price now rests on lower line of channel that has been in place since late 2012. I have taken partial profits at 1945 and will wait to see if upward channel continues up or breaks down. If I get a long signal I will take it, but until then remain net short.
I have been nibbling at some volatility shares now that the VIX has been hovering around 17. If the VIX moves above 21 I will take some more positions.
