At the moment the markets are deeply oversold. It could snap back, but the target is still 1820/1867.
The market does not have the features of a 2008 style crash…more similar to last year mid year scare.
To become a 2008 event it needs a trigger (space to watch Iran/Saudi, high yield US market, Emerging Markets incl. China for something seriously bad).
Usually the markets is too fast to play in any direction.
investorpolitico 