If it holds yesterday's low which is now tested will give a brief relief the bulls but that will not last long
Not saying that we can't get to ATH, but feeling more comfortable with SPY Day Trades here. Especially with Fed and Brexit uncertainty.
Bulls should stop pressing with the greed, stop hedging & sell, let bears do their job of lowering prices so bulls can buy much lower.
No point investing in this market until the algos say you can DEC-FEB program running , short crude and stocks long volatility.
Bots would be intimidating if they could trade the psychology of the market as well, but they can't, so they aren't.
Forget the DAX and the rest of Europe , if we can get to 2040 SPX and hold it , this may be a buy the dip opportunity here.