We had a pretty nice reversal late in the day today, however it quickly recovered in the last 10 minutes. We had incredibly low volume today. Also the VIX was crushed on a day the SPX closed flat, closing below 20 for the first time in a very long time. VIX below 20 is a bearish sign.
You can see the rollover at the end on the 5 minute charts. If this is to continue, we need to break 1150 real soon.
1167 and 1173 remain key pivots to the upside.
On the daily charts, we printed a pretty bearish candle. It is a perfect doji, it is also shaded gray on the ToS charts.
We obviously need follow through, but this could possibly play out to be a very bearish candle.
The EURO is also showing signs of rolling over.
The last few candles make it look like it's set to fall.
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