10am update - bears have an opportunity

The main indexes are moderately lower. The hourly index charts are rolling over, and the daily index/VIX charts are similarly due to snap. This is probably the only decent chance this week the bears are going to get. There looks to be viable downside to the low sp'1730s.


sp'daily5

vix'daily3

Summary

This is probably the best opportunity for a down wave in over a month.

The only issue is..how much? Considering everything..I'm sticking with the sp'1735/30 zone.
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Ironically, worse case for the bears...sp'1730s..and then a major whipsaw back higher..with a lot of bears not exiting.