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Play Editor's Note: Today the VIX declined to test a rising trendline off the 5/19 low, also testing historical support/resistance in the 20.00 zone as well as the 6/17 low of 20.02, the 6/25 low of 20.34, the 8/05 low of 20.06, and the 8/11 low of 19.66. With some charts suggesting that it could dip toward 19.70 and then rebound, the VIX looks ready to either rebound or fall through what may be significant support. In this environment, we're holding off adding new trades.

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