1. 200-day moving average
2. major downtrend line
3. S&P 38.2% retracement at 1109
4. VIX's strong support at 30
Money flows chart shows good inflow to oil & gas, the rest sectors are not impressive at all. Financials and industrials even shows outflows. That makes you think how real is today's rally.
I added some shorts today. As S&P approaches to channel resistance line, I will add more shorts, but I watch $tran carefully. If it breaks downtrend line tomorrow, I will stop adding shorts and stay on the sideline.