S&P 500 index slightly extended its short-term downtrend yesterday. Will it bounce off 2,100 mark? Or continue lower following a breakout below two-month-long consolidation?

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S&P 500 index broke below its recent local lows yesterday, as it continued its short-term downtrend. Will it continue lower? Is holding short position still justified?

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S&P 500 index extends its short-term fluctuations below resistance level of 2,150. Is this some bottoming pattern or just flat correction before another leg down? Is holding short position still justified?

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S&P 500 index retraced its recent move up yesterday. Is this a new downtrend or just more short-term consolidation? Is holding short position justified?

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S&P 500 index remained within a short-term consolidation yesterday. Is this some bottoming pattern before another leg up, or just a consolidation following recent move down? Is holding short position still justified?

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