The VIX index has spiked on economic worries, providing a potential short.

The VIX index has spiked higher towards the 27.00 level. At some point the VIX will come back down, however it is important to play this trade correct as more economic worries could cause another surge higher towards 28-30 region. Taking a short and building the position slowly could work out to be a strong trade. Support below sits at 22.9, followed by 20.0. Tough resistance sits at 30.00.