SP500 - Like it or not, it is still neutral, with bullish bias

FX:SPX500   S&P 500 Index
172 3 3
At least for now, in the short term more indicators support the Bulls again.

Daily: Price is still trading in the thick Kumo. Two days ago the low was higher than the previous one on 17/Dec/2015. Slow Stoch is up, MACD turning up as well (no signal yet).
In fact Price is reaching short term equilibrium again at 2030, where we have the flat Kijun Sen and Senkou B line.

Heiken Ashi: Yesterday and today we have green Heiken Ashi candles with no lower wicks. haDelta is above SMA3 and both lines crossing back above zero key level. It is a bullish wave. Period.

Will Kijun Sen block the bullish move again, or will the Bulls get back in power? That is the question. If Price closes above Kijun Sen, then SP500             can turn bullish again targetting 2075-2105 range.

4 Hrs:
Weak bullish Tenkan/Kijun cross, medium bullish Chikou SPan cross, and Price is just trying to cross above 100WMA.
The Kumo here is thin. DMI gives an early bullish signal, but still needs confirmation from ADX side.
Obviously 2040-42 is the ultimate short term level to decide how powerful the bulls are.

If you bet for long direction again at some point, you need to place your stop ard             2004. If you are short still, make sure you have a protective stop ard             4 Hrs             Kumo and key supp/res levels, or maximum ard             2055 as marked on the Daily Heiken Ashi Chart
It is still annoying, with a mental insanity bias :)
Yes, I understand what you mean. Extremely difficult to trade it. Extremely difficult to do proper timing and to hold on with positions.
Even myself I see it once bullish, then few hours later bearish and a day latr bullish again.
Just look at what happened after I placed this post. Bang, down again. And at the end of the day, back up.
When something is not clear, better not to touch. It is never to late to enter, regardless if it goes higher or lower.
Btw the increasing volatility and too much noise in all of instruments m