VIX , QQQQ and SPX

Here are charts of how the S&P 500, the QQQQ's and the VIX look this morning. You have to understand - whatever happens intraday, the pattern cannot be called bullish from a swing trade or investment perspective, particularly since there has been a poke under yesterday's low. Perhaps some traders will look to see whether there's a gap fill to "close the gap" left when yesterday's price gapped up at the open, and then they will be looking to see if price rallies from there. For me, I'm not seeing a bullish pattern. With the poke under yesterday's low, and the QQQQ's having falling back from that channel I showed yesterday, I view it as confirmation that the trend remains down: