### Comment:
You're honestly probably right. The monthly downtrend trend on the slow stochastic is just barely getting started.

### REPLY:
Usually if $SPX VWAP is trailing /ES VWAP it's a bullish signal, and vice versa for bearish. /ES has been trailing $SPX regularly for the past 2 weeks during market hours. Personally, not bullish at all. I'm not a bear though. Being a permanent bull or bear is dumb. I'm happy to sell all of them their calls and puts, though.

### END.