SPX Technical Analysis
§ The August peak was accompanied by notable divergences in the McClellan Summation Index ($NYSI) and RSI.
§ $NYSI, the swing trend indicator, is still pointing downward.
§ SPX gapped below the middle Keltner again and the June high technical support, which is short-term bearish; It closed the August gap.
§ The next targets are the lower Keltner line and the 50-day moving average.
§ It formed a doji on today, but since it is in a downtrend, it can be considered a pause before continuation down.
