Better have this one in close look after the FED's event tonight.. Cycle analysis through PRO Sinewave (beta) shows that the last bullish cycle which we're into is a potential reversal cycle.. this means that now resistances can be broken easier... and the probability of false breaks attemps like the previous one is very low. Soooo... pay attention.. if VIX goes up and volatility gets back after that very long period without any volatility... that would of course means a mini sell-off situation to start the potential reversal of major indices. Just shorter the NAS... as mentioned on this idea :