The dashed arrow comes from the prior post.
As we can see, we cannot expect the market do immediately what we wish.
But at least we have a clue, how good our assumption, tools & systems are.
Now, we are at multiple resistance points, with ES below the centerline.
Most of the time this is a no brainer, and my shorts are already in and working.
Since I also expect the VIX to rise more (...as a natural function of faster declining markets), I have Vega-Hedged my positions and my options portfolio is now pretty neutral.
Looking forward for the decline in the following days...
P!