spx holding previous low of 1543, interesting. High trin, selling climax, should (but not will for sure) rebound here.
We are getting the same pattern like the previous small correction. Question as always, is this time different?
Looks like spx 1580 is the point to short on next rally. BTW, 21dam is turning down, and vix 21dma is turning up, both bearish signals, but often there is another rally first before the big decline.
Tried to short heavily in afterhours yesterday, but did not get filled. so what else is new?