I'm still waiting for this bounce,..it will come, shorting here...is too high risk. Considering the moody market, VIX is kinda weak.
Sp'15min
Sp'60min
Summary
Bulls would like a close today over the hourly 10MA, thats viable, not least since it'll be as low as 1275/73 by the close.
Considering the daily cycle (today is only day'2 since the bear flag was confirmed)...more downside..still expected..after the next bounce!