S&P 500 - short S&P 500 E-MINI FUTURES CME_MINI:ES1! kirill_EN VIX0.00%% closed last week on the lowest level since august 2015 – and we all remember what happened then. This, combined with the highest ever level for S&P 5000.00%% make me a little cautious in the short term. Move up in S&P 5000.00%% looks somewhat tired. I believe market needs some rest and is ready for a small correction. So here is my idea for the trade: buy AMEX:VXX0.00%% (iPath S&P 5000.00%% VIX0.00%% ST Futures ) in anticipation of S&P0.00%% to decrease to 2100-2090 level in the next one to two weeks or sell short CME_MINI:ES1!0.00%% ( S&P0.00%% e-mini futures ) with the target 2091-2085. As usual, watch your risk and follow capital guidelines.