Today the 10 day ema rose over .95, which in the past has been a pretty reliable indicator to enter long positions in anticipation of a bounce. Combine this with the $CPCE itself hitting 1.26 which is the highest close since last March indicating people were loading up on the puts today. This still might work, however my current bearish stance will keep me out of the markets this time around simple because the risk of another crash is high in my view.