SPX

The trading strategy shows that the SPX is not trending, the last uptrend ended back in March 2018, afterwards it broke up to new highs only to crash after a couple of months. Then the price started to close below the moving average and it has done it since then, february isn't over. The RSI shows a clear bearish divergence.
The shorter timeframes are suggesting that this week may end in some sort of a shooting star, also the pull back already reached important fibs. The odds are with the bears IMO, and next week will be critical. Unless that some huge news show up and manage to break up the resistance, I believe that the only way is down.

Comment:

The weekly is also neutral, but trading above the moving average in terms of the trading strategy indicator. The RSI shows the same bearish divergence and also a trendline that was hit, also it's at resistance zone below 60. The week isn't ended but the lower time frames suggest that it may end ugly.

Comment:

Finally, the trading indicator shows that it's trending up, but it's the 4th trend and it's already fading. The RSI shows that it hit overbought, and consider that the monthly and the weekly are neutral, a pull back is imminent. if we get a close below the moving average it tomorrow, I belive that next week will be red.

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Comment:

Weekly is trending up but after such a bounce and I doubt that it will continue.
Daily trend ended yesterday, and all the trend was rejected at major resistance, I'm expecting it to fall today and tomorrow.

Comment:

Weekly closed ending the uptrend, expecting the price to go much lower.