First, let's state the obvious: MARKETS were actually UP today.
Did not feel so after the SPX bolted above SPX 2800 several time but then fell back and retreated at the close to SPX 2796.
Technically, the trends ST/IT/LT are still UP.
I finally got my HOURLY VIX so I expect at least a few hours of SPX decline but I would not be surprised that "good news"
sends SPX above 2810 and even higher.
Today, $VIX closed up at least +1.00 pt on a day where $SPX was positive. If we limit events to times when VIX was under 15.00, this is only the 7th time this has ever happened (since VIX data began in 1990). Here are the $SPX forward returns after the other 6.