Friday what to do

SPX hourly is now overbought.  The question is how it will work this condition off or if it will.  SPX also broke the downtrend line which started the sell off. 

SPX Resistance= 920-924
         Support=  909-900

The last two days the move down has slowly declined as with volume to the downside.  This could either signal a pause in the downside movement or that there is a short-term bottom forming in the market.

If volume can increase to the upside and SPX can get above 920-930, the market will have the room to run up.  The key will be if the volume is behind it, the last move up in the market have been on low of volume.  If we break this level, I will cover my SDS.

RTH (Retail Holders) is an interesting chart.  It is at key support right now so it might not be a bad trade to go long with a stop at 76.  A break of 76 would be bearish for this sector.