Market Turned To Downside

As US indices Dow, S&P and Nasdaq all break their major support level. And take a look at the "Fear" facotr VIX chart, the volatility is increasing, which telling me that stocks now will swing up and down fast and big. my key points to trade the market are as below:

1. It doesn't mean market will go down all the way, it will down fast and also up fast.

2. So my bias will be towards downside, that means more shorts. But if market is extremly oversold, I'm lookin for those stocks at their major support for a quick and big bounce up.

3. STI uptrendline so far is still intact. watch this level for the moment, get ready for the bounce.