S&P500 Bearish

Weekly (MACD) indicator turned bearish... particularly with a Bearish Engulfing candlestiak pattern right at the top.

Daily Indicators are already bearish, while the price failed a breakout (of a range) and fell back in, suggesting a brreakdown on the opposing side. This week would test the daily 55EMA for sure; and perhaps a small bounce to the top of the range...