$VIX breaking a bit, showing Positive Divergence - Sold puts May

As an FYI we're still cautious bull. We did initiate a VIX position, by selling puts, as small hedge.
We've made clear what the targets on indices were, still think they can be hit.

DJI - 34250 - Major Resistance
NDX - 13400 - Fib level
SPX - Major resistance - 4181

But keep in mind;
IMF warning global debt levels = DANGEROUS

#Fed states > #recession coming