U.S. Stocks Rebound With Dow at Session Highs

The video discusses the Dow Industrials' recovery to session highs, influenced by Brexit odds and the lack of guidance from the Fed. It highlights the correlation between the Dow and the UK leaving the EU, and the impact on U.S. equity markets. The VIX's recent trends and its influence on market volatility are examined, noting a significant two-day increase and subsequent decline. The video also explores investor positioning in VIX products, indicating a shift towards long VIX strategies despite recent volatility.

Describe the recent trends in the VIX as mentioned in the text.

What does the text suggest about the positioning of investors in relation to the VIX?