SPX 10% in 48hrs

Sometimes a good trade is no trade in itself. That being said.

Historically RARE we don't get a relief rally but we need the fed.
The market will look for the Fed to provide answers.

+
Fear and Greed index
Technicals oversold
VIX

Money rotation showing signs of a turn.
XLY/XLP at the back end of January shows weakening of the US consumer.