The NASDAQ and Financials (using them as Lead Indicators now, along with the Euro ETF FXE and Walmart WMT) Are Leading SPX/S & P 500 to the Downside the past week, see http://finance.yahoo.com/q/ta?s=^GSPC&t=5d&l=off&z=l&q=c&p=&a=fs,p12,fs,w14&c=fxe,^djusfn,wmt,qqqq. Walmart being extremely bullish short term is also a very short term bearish indication, because, SPX didn't respond and rally, allowing the indicator to become extremely bullish.
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