7:04, According to the longer-term Fib fans, support is now in the 1100 area, while resistance is still up at the 1131 level.
6:51, The SPX has finally broke out of the short-term bullish Fib fans!!!
6:40, The SPX opened gap down, and made a very minor lower low, the short-term trend is still up, while the longer-term trend remains down until 1131 is taken out. The RSI did break below its trendline of support. breaking below 1105.15 would be making a lower low putting the short-term trend in jeopardy and giving some hope to the bears.