SPX Update: No Change

After Friday's open, the market went nowhere, so nothing has changed from Friday's update and please refer to it as needed.

Accordingly, we'll just focus on one new chart today: SPX's near term chart and what it implies:

The bigger picture chart is unchanged, as SPX dropped straight to the question mark and stayed there:

Not much else to add since Friday.  Just to reiterate, though, bulls should probably become cautious if SPX does form an impulse down here, since that could be the start of something larger.  Trade safe.