COULD SEE REBOUND

For the short term (today, tomorrow), could see rebound as soon as today. Unclear though if the pullback is over since 1d charts are getting quite ugly (=strong bearish insertion).

Below 1h SPY (left) & 1h VXO (right)

Trading suggestion: I would not short the market at this stage since the first bearish wave is probably over. 1d charts is getting uglier, dip buys should be smallish.