$SPX $SPY $ES_F Short term oversold 2 Yr High Vix

INDEX:VIX   CBOE Volatility Index
Market is extremely oversold & fear at a 2 year high as indicated by the VIX             . The opportune moment o have shorted this wave has past and we could face a potential technical bounce while the S&P 500             holds above 1851 level. Caution adding into existing shorts or establishing a new one here.