$SPX breadth is very strong. % of $SPX stocks with RSI5 &gt; 70 reached extreme levels that signaled end of big sell offs. (2015, 2016, 2018)

I think ST risk has significantly diminished. If we ever retest the lows, it may be in a few months, not days imho

$SPY $NDX $QQQ $IWM $RUT https://t.co/kw2xSMhYMh