SPX resistance at this area is much easier to appreciate when looking at the long term chart. You can see it here at the 1180 range. MACD on the monthly still appears to have legs, as does the RSI. WLR looks maxed out.
Well it seems as though the transports have broken below my orange and white trendlines and are resting on support of the fib fanline for now. Again, the yellow uptrend line is key support (if it ever gets there!).
MACD crossed over, volume is waning, RSI and WLR look undecided. Good luck!
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