SPX - nice pullback...support...stage 2 still
SPY - stage 4
XLF - stage 4
USO - stage 4
VIX - stage 2
ETFs - financials fall hardest
HEAT
Analysis: every chart is telling us that the market will go lower...every chart except for the daily SPX chart...and that is actually the most important chart of them all so that makes me worried that it might not be the best time to short...looks great in the shortterm but doesn't look like it will last...i am tempted to short the market tomorrow, as the markets will most likely pullback, but i don't like how SPX is far from making a reversal pattern...
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