A Bit More Downside Expected E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1! LetsTalkAboutTrading We did have a selloff of sorts yesterday as expected but the volatility , measured by the VIX , remained relatively low. This leads me to expect more downside near term. I do not expext a massive selloff but you never really know. For now, I 'm looking for the SPY into the 345-350 area.