SP500 futures are well up at the moment, suggesting a big gap open above 5400 in a couple of hours.
This would 'fill' the little gap down from a week ago, while putting the SP500 above the 20 day EMA and close to the downtrendline.
A countertrend move post MA crossovers is normal.
I could see it hitting the trendline and then getting rejected and coming back down to fill the gap it makes tonight.
I have no skin in the game currently; too easy to get caught out at this point, in either direction.
However, my sentiment is overall bearish.
