50 DMA should easily cross the 200 DMA if Iran will retaliate and it looks like they are set to do so. Can't stand politics, but we have to respect the pillars in order: Macro, Fundamental and finally Technicals,
VIX3M/VIX ratio just crossed 1.2 signaling the strong possibility of a trend reversal.
All Index Indicators point toward exhaustion. Save some extraordinarily good news, we are moving back above 20 with a short time horizon target of 22.
Investors are deciding if going short or long.
Market correction imminent, can buy options on the vix or trade spxs