The bulls have defended their turf but so have the bears. The bulls rallied off the 20EMA and the light blue trendline. But bears are defending the Nov, dark blue trendline. One thing to note is that the Breadth is to the upside. BUT! since 12:30 the bulls haven't been able to rally the market back up. Advancers marked their high at 12:55ish. Also on the 60Min 60 Day there is a potential 20/50 cross and the market failed at this level. Just stuff to watch for going into the close.
I closed out of my FAZ today and DXO. I shorted CHIC, why is that P.O.S up so much. didn't anyone get the memo retail is dead!
Update: going into the close there is still strength to the upside. Although SPX has not been able to stay above 845.
