The S&P has formed a triple convergence of moving averages (21-day, 10-day and 50-day). If the S&P breaks above this structure it probably bodes well for the long-side players. If the S&P climbs and stalls out at this structure we will probably have a good indication of when to lean to the short side. This morning the futures are quite negative so we may just fall from here.
[ATTACH=CONFIG]22122[/ATTACH]
