Trader Brian Jones on Twitter: "The VIX can drop with the market now so at this point the VIX is not the best guide to use for predicting the next market move. And It's also too late now to trade Volatility long." / Twitter

The VIX can drop with the market now so at this point the VIX is not the best guide to use for predicting the next market move. And It's also too late now to trade Volatility long.