SEE DOW CHART. VERY LONG TERM SUPPORT SHOULD BE TESTED OR LAST PATTERN SHOULD FOLLOWED? EVEN IF PATTERN FOLLOWED THERE MIGHT BE MORE DOWNSIDE .AT LEAST 150/200 POINTS.

And this is chart of volatility index (us).

what I had earlier written is still on blog. Compare it.

See the same day on which i posted here it bounced from mini red channel.Broke the upward trendline and since last three days there is a correction.