What I do not understand is that, VIX did not spike hugely on Mondy/Tuesday, did not drop sharply in the recent up days either. maximal jump/drop is 10%, not like before.
i last shorted at 1190 range. this time, it is 1160 short... market is set to go down tomorrow as tomorrow US NFP will be not good for sure... no surprise.. a big pull back ahead
there are some downside targets. but, bears have to wait.
daily chart right at ema, but 3 bull bars. Bears need to drive down the market today or tomorrow, otherwise weekly chart looks pretty good to bulls.