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Reversal Process Started ?

Apart from normal bullish day, today market sold towards close. Is that new bearish sentiment ?
I think market is in a tight range bound right now. 956-929 is the range. That is what we saw today. As soon as market touched 956.26 market sold off.

When we look at the VIX chart today VIX broke the lower Bolli. band. What we should look at , VIX must be up more than 31 (mid of Boll. Band) and market must break lower than 929, then only our direct puts will work; else spread is the best strategy.



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