The SP500 turn negative today, this is the second time this year. Last time it was in Feb2018. This time, the VIX index did not run at historical speeds. In Feb the SP500 went down 12% in 6 days, including today the SP500 in trading at a 10% discount vs the prices 15 days ago.
Tomorrow GOOGL and AMZN will report, this will add key data for future prices.
The VIX traded to 50 last Feb now trade to 25.
Technicality the US markets are Oversold but yesterday, were also oversold.
The equities markets are still the strongest of all major stock indexes.
The news from Asia and Europe are starting to be reflected on USD which is adding pressure to US Stocks.
