I just have that feeling...The Put/Calls says the lows will hold, the relative VIX suggests it will hold. Bullcrap. If this was the case then why isn't the market 10% higher???? Are you suggesting the money on the sidelines is holding out for a 5% savings for a long term outlook? Hogwash. Are we just saying the market can go higher because in the Depression the market rallied 50% from the initial panic selloff? Nonsense. This is a once in a 100 years event, throw those indicators in the garbage. Technicals are a science but should be implemented as an Art (Edit: and I'm trying to learn the Art part of it myself)
I'm just commenting that as of late every time the market signaled one thing it did another.
I'm still mostly neutral but with a bearish tilt.