S&P 500 index lost 0.3% on Wednesday, following relatively volatile trading session. Is this a downward reversal or just consolidation within two-week-long short-term uptrend? Is holding short position still justified?

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S&P 500 index gained 0.1% on Tuesday, as it continued to fluctuate within its Monday's trading range. Will uptrend continue? Or is this just consolidation before another short-term leg lower? Is holding short position still justified?

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S&P 500 index lost 0.2% on Monday, following a bounce off support level of 2,350. Was it just downward correction within new uptrend? Is holding short position still justified?

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S&P 500 index lost 0.2% on Friday, as it extended its short-term consolidation. Is this a topping pattern before downward reversal or just flat correction before another leg higher? Is holding short position still justified?

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S&P 500 index gained 0.3% on Thursday, as it extended its recent move up. Will it continue higher? Or is this just an upward correction within month-long downtrend? Is holding short position still justified?

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