Breadth for the day was only 1.26:1, decliners, on low volume, and these numbers are not out of the ordinary for a day of consolidation.
Support, and resistance levels are much the same as yesterday's so I wont repeat them today except for the fact the SPX closed beneath the 200 day MA which is at 1113.93, and is now short-term resistance. One of my short-term indicators did go bearish at the close, it is not part of the Trend finder system because of its whip-sawing effect, but is a good chart for catching smaller trends and day-trading (a 13/34 histo-gram on a 60 minute SPX chart). All of the indicators for the Trend finder do remain bullish.
10:56, The Bollinger Bands are getting tight on the SPX, normally a large move will occur soon after they tighten. With the way the indicators are looking, odds favor a break to the upside.