It's the bear's last chance to make a downtrend day here. Break above EMA20 then the low might be in for today, it'd be a range day at the best for bears. My guess is bears are over $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=294625#p294625
Bulls tried twice, all failed (red arrows), so the current breakdown might be sharp because those who bought in the previous 2 tires may have to cut losses $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=294632#p294632