The answer depends on how you trade, time frame, 'habits' (some loves to short at the seemingly ‘Top’, some waits for confirmation).
for VST, SPX index hits an important intraday support 2070, for the next day? I don’t know.
for large swing traders < 2030 short term bearish > 2070 short term bullish
(Read at Your own peril) Eric Hadik 03/04/15 Weekly Re-Lay Alert: “As described for the past few months, mid-April is more likely to be the culmination of a new decline". http://40yearcycle.com/uncategorized/march-4-2015/
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