S&P 500: VIX Closes Above 30 for the First Time in 10+

$VIX is currently above 30. A close here would mark the first such instance in over 10 months. 5 days later, S&P 500 $SPX was higher 9/10 times with an average gain of 3.1%. But we would be cautious about buying the dip for now. The market is currently driven by headlines.