S&P 500 index lost 0.3% on Tuesday, after long holiday weekend, as investors reacted to global stock markets move down. The market continues to trade within a short-term consolidation. Which direction is next? Is holding short position still justified?

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S&P 500 index gained 0.2% on Friday, as investors hesitated ahead of long holiday weekend, quarterly corporate earnings. Is this a topping pattern before downward correction? Or just consolidation before another leg up?

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S&P 500 index lost 0.2% on Thursday following relatively big intraday move down. The market extends its short-term consolidation along record highs, as investors await quarterly corporate earnings releases. Is this a topping pattern or just another flat correction within medium-term uptrend?

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S&P 500 index continued to trade within a short-term consolidation on Wednesday, as it remained close to its Friday's record high of 2,282.10. Will the uptrend continue? Or is this some topping pattern before downward reversal? Is holding short position still justified?

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S&P 500 index was virtually unchanged on Tuesday, as investors continued to hesitate following recent rally. Will uptrend resume? Or is this some topping pattern before downward reversal? Is holding short position still justified?

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