The bottom line, the short-term trend is down. I hold partial short position overnight.
A little bullish biased for tomorrow as when NYSE Down Volume : NYSE Up Volume >= 9 (Major Distribution Day), 34 out of 56 times (65%) a green day the next day.
Also don’t forget the statistics I mentioned last night: SPX down 4 days in a row, buy at today’s close, sell at the very first up day (so it doesn’t necessarily mean tomorrow), you have 79% chances of winning something since 1991.
