1) Closed red on the year just a few days ago, first time in a long time.
2) Sentiment in market is fearful, thats why you see the VXX reatracing not selling off.
3) Continuation here
4) Fading in the downtrend (weakness + trend reversal clue)
5) A lot of support at 20.50
Keep a tight stop below whatever market structure is created tommorow. But once again, we don't want to go long unless we close above/ violate that green dotted resistance line.