SPX - the death cross from hell

SPX is up almost 300 handles since sell side started sending us the SPX death cross emails (5 sessions ago). The rip has been very powerful, but we are approaching resistance levels shortly. If you played the VIX guy's latest (inverted) logic (thematic email from March 9 to our premium subs here) we suggest to book some profits as the "easy" part of the bounce is over. Time to look at new opportunities.