Breadth for the day ended at 1.61:1, decliners. Not very bearish at all, but is consistent with the expected numbers from a 4th wave of consolidation.
9:16, Strike one for the bearish count, it has broke out of the channel, but still has not made a higher high, 1095.09, will be strike two!!!!
7:48, The SPX is still in the bearish fan, but in the most weakest part of it, with the most recent bullish set was short lived.