SPX Revist

SPX(S&P 500) intra day was up by 15.6 points then was selling down in the late part of the day. What it looks like in the daily chart is this, doji with long upper tails which just touched its broken trendline and retraced.

So its retested its up trendline( blue) which broke three days ago, now become resistance line. On the other hand, in overall, the uptrend in general is still in tact( look at the two square boxes, we still have a higher high, higher low) , and the up trendline since Aug( in red) still hods.

Conclusion: I will be watching 1029, it's bears world once it broken.

(Click pic to enlarge)