The Volatility S&P500 index is at same levels it was on May 2021, but only 20% of March 2020 levels. In my opinion the market shook up due to Evergrande fud, and I don't see deeper corrections unless 4th wave of COVID leads to major lockdowns again.
No real taper talk from FED so we should be safe to go a week or two from today. Planning to long some stocks tomorrow once I see some reversal.