S&P daily at an important cross-road: too early to call
This coming week, the bulls have to cross the heavy resistance at 2750-2759 to reconfirm the uptrend. Failure will send the markets down again or into continued reconsolidation. Best to wait for market confirmation before confirming your own bull or bear. Not the best time to be long or short. Going back to a more neutral stance from short term bull stance this past week.