The index behaves uncertainly. Tuesday's rise turned out to be a sham.

Delta flows were negative or neutral all trading day.
The DIX showed a decline on the upside.
For a sustained rally we need to buy calls, which we are not seeing for the next few weeks.
Volatility sellers are not very active either.
VXX again took the lead in dark liquidity by yesterday's session.

These factors cast doubt on the SPX growth, at least for now. We would like to see a retest or an update of the low of the index, if the opportunity arises.

P.S. Due to the positive correlation with the cryptocurrency, we might expect the same actions from the BTC.
Beyond Technical AnalysisS&P 500 E-Mini FuturesindexSPX (S&P 500 Index)S&P 500 (SPX500)Trend AnalysisVIX CBOE Volatility IndexvolatilityindexVXX

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