Here's what a real selloff looks like intraday. This is we've built a warchest of 50% cash. A cash warchest is a win/win in any market scenario. If the market continues to go down, we have the cash available to invest in deep value stocks that have been oversold. If the market continues higher, we invest in momentum stocks that are leading the charge. This is why #cashisking
The volume leader in ETFs is #VXX which is not surprising.
From the volume trends, it looks like there's more downside to go.