Bearish still, although I also took a profitable long today. Nice volatility in the markets, looks like everyone is well rested after July 4th
Personally I will only actively short when SPX starts locking below and rejected off monthly 20MA. As it stands, this remains an uptrend with bearish indications which most likely will lead to a retracement/s to averages/support zones that will be scooped up (just like when futures opened on Sunday). I follow an analyst that understands fundamentals and has been right over the last 10 years or so on market direction/s and he is of an opinion that after a possible volatile summer we head for new highs as market simply has no reason to go down.