SPY came far from hitting my downside target and I feel strongly a retrace is coming. If not we might see a big gap down which I feel is less possible given the weakness of the move.
Things generally though are mixed. Sell signals on the indexes on the daily but buy signals on the hourly. That can mean some strong snapbacks if combined with less than participatory action.
Volume basically even in SPY
VIX very possibly will retrace based on the overbought CCI