Yesterday's daily candle that took out the previous two day's tepid advances was bearish; short-term 5-day momentum is bearish, but SPX is still above all major averages (50/100/200) and above the major support zone 2760/65.
My VIX and VXX indicators are on BUY (SPX sell).
SPX is at a critical juncture: it can continue to trade in the 2760/2802 range for a another day or two and then breakout above 2802 or decline below 2760.
ST bearish to flat, IT and LT bullish.
I added another 4 Sep 2018 QQQ puts on the early rallly.
Still 100% short with long & short ES daytrades.