Down till proven other wize.

The target remains 1066/or 1064. Let market tell us. I can't get all beared up because the vix
didn't close above the 50dma but close. If we are going to bottom here in a Wave (4) that would cause a great buying panic. Keep the Dax in your sites for strength or weakness.
What could make me more bearish/bullish is lower than 1056 spx or gap above 1111.
Short term-days down.
Medterm - weeks down
Lt -30td- up