In the shorter time frames, we are in a neutral position. In the longer time frames, we are showing a little weakness in that the current peak is lower than the past peaks. This weakness will not present itself until it does - usually in the form of a worse sell-off once (if, haha) it finally occurs.
VIX appears to remain subdued by the red and blue trendline I drew. The 50 day moving average is also right there. Once this pattern resolves, we should have a decent sell signal (if) when it comes.
"When nothing seems to help, I go look at a stonecutter hammering away at his rock perhaps a hundred times without as much as a crack showing in it. Yet at the hundred and first blow it will split in two, and I know it was not that blow that did it, but all that had gone before."