Short SPX on Monday if Sell off continues

If sell off intensifies on Monday, I will be shorting SPX. I had been long Spx from Oct Low when Dow crossed 200 MA, and now will be considering selling longs. Something important to note and that is crude oil. As you can see as SPX continued higher, so did crude oil. This was my mistake not heeding it's warning, thinking it will continue up with SPX when it dropped. When Oil did drop huge it never recovered, and this was the big danger signal for SPX and it occurred before the Coronavirus scare which started in Dec 19, 2019 see here: www.flickr.com/photo...n/dateposted-public/

But Crude oil did bounce off October low last Friday 1/31/20, and if it continues higher then SPX will go higher. If it doesn't watch out below, and the selling can intensify. As you can see from history market took a big hit from virus in the past but did go higher later. SARS took a 8.6% correction and we now have about 3% correction from top. See here: www.flickr.com/photo...n/dateposted-public/

In regards to Repo I had been stating, I believe if the selling continues then the Big banks will be waiting for a key level to buy back. Fear can be irrational in the markets, but must be taken seriously now at this point.