The $SPX is now right on the trendlines I pointed out yesterday (compare todays chart with yesterday's), so there could be some support there, and the $NDX has fallen back on top of one of it's major trendlines, could be support there as well. But $Trin has actually gotten LESS bearish even as $CPC rises. By eye, on another $NDX chart it "looks" like the big trendline cross I've been talking about has already happened, although mathematically it's not due 'till Friday. So truthfully I can't say what will happen tomarrow, although we all know that a big decline is getting ready to happen at some point, or may, in fact, already have started. But is it really now? Not sure. All I can say is we're in the window for it..
As always, remember to click on the charts to "blow them up" so you can see them better...
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