The volatility we've seen recently forecasts a large move coming, wouldn't be surprised to see a confirmed breach of the 50 day MA on the VIX very soon... earnings reports are coming in and not looking friendly. Some of the biggest news today could be the headline 'Microsofts lays off 5,000 people'
Microsoft folks... that's BIG news! And yes it's related to 'commercial' real estate... if Microsoft is laying off people, then many retailers are destined for bankruptcy!