I'm look at a VIX chart with slow stochastics and other oscillators and I'm noticing that the VIX and slow stochastics are nearly where they were on the 23rd of July. The ultimate oscillator also went a nip above 50 before plunging back down on the 24th. The proverbial spring may be loaded for a short term relief rally. I'd expect to see one tomorrow or Wednesday. I'm also not ruling out a crash.