The SPX daily remains on a buy signal.
On the SPX hourly the bollinger bands are squeezed tight. Today appeared like a high level consolidation on the hourly charts. The hourly oscillators are oversold with little damage to price. So my guess is this consolidation will resolve to the upside tommorow.
Nasdaq has had 3 consecutive small change days on the MCO. This means a big price move is coming in the Nasdaq in the next day or two. The price move tends to be large when we have such huge indecision on the MCO (in this particular case for 3 days). Caution is the keyword here.
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