+.....there's now a possible micro bear nest in the near term pattern: Bulls do not want to see a sustained breakdown of 4060...." http://www.pretzelcharts.com/ "The market has traded sideways since last update, so no change, except to add that there's now a possible micro bear nest in the near term pattern:" blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiL2WqlCZdqhc-iRgK1n8hlj_kebsP6BsdmkSeJYkbP8DyDXablEq5Te3buo0TwCLhcXvW5WcQaI9i-23YrGfvcOBrwjz0QW01yWk3XW57Bk9Z4MkvD6K60953MA8HdJxSIEWDRi1zbYtvjGMcUBUlPfdfeejV8st5mMvtt9W1DkPmUhOCOABE7znng_Q/s1565/spx%20st.png "SPX is still in the same place in the bigger picture:" blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhSZVI8EbARFCGLUJM9lr3E1C_xegPhFkDCWlVKT9B6Wgj6yGQnVgeYVlUBBvzXqnJwDnc5sCJHH2VOybZC9emrLAdzuqdeF9wGDI0olfy6J852x5xRA56D26W6iJ_CLbixPHTrT_aiJUbNKzP5e8m9nhuHHfUxvbe3_YFxw7aUN1mdA9TbR0pUB9k6Pg/s1565/spx%20it.png "In conclusion, not much to add since last update, but I suspect we'll get some resolution soon. Trade safe."