AMEX:SPY   SPDR S&P 500 ETF TRUST
for downtrend to continue spy has to go to a new lower low(is anybody in doubt we are in downtrend ?)
391 looks like possible technical point of support
fundamentally nothing changed. (it is not good )see market conditions index
stocks do not travel in a straight line so will try to catch a rebound at 390

38 could be vix target based on chart

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