Market meltdown time?

I dont really care if the market turning which way. I just follow the trend, and the trend now is bearish, however next hours it may just turn into bullish... We never know
 
Big down move = more volatility. More volatility = more profit per contract and less chop in price movement.

That's my formula of perception of this market. :)
 
One thing interesting to note, the foreign markets have tanked but the indices have not moved much.

Last week, dax/ftse were moving the indices big time premarket.

Indices may be setting up for a morning bounce but then they tank.
 
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