VIX just broke out from a multi month descending wedge, which to me is an indicator that there will be a pause ths trend of all time highs daily breaking. With this break out, I think bulls would put both feet on the break pedal for some time as bears are now much more in control.
I seem to recall we have had quite a few dems get us into into wars in the past - it is not a rep thing.
However I agree, this time, with W-T. Too many expecting shorts for a correction yet. Wait for more punters, hedge and traders to get long so the short can cause as much collateral damage. It will only crash when no one is expecting it.
... just my 2c worth