SPX some pattern developed

Lately we've seen bigger waves down together with correction bounces - in which market turned bullish each time. As you can see - this pattern has repeated twice, each time getting deeper - right now we managed to hold the bears a bit for some time, but the pattern still persists - this time not aiming so deep, but still allowing to think we can retest the local bottoms at least one more time. VIX's curves (check VIX idea) is also creating a curvy channel with chances of pump up after the breakout (Which would be bearish for SPX).

Either way - today and tomorrow will be crutial for next weeks - We need to monitor those marked areas and seek breakouts with volumes.

I remain bearish.

Cheers!