This is very important to determine where spx is going. Bulls need a breakout above 9355, and bears need a higher low below 9355, another trend line break and then lower low below 8857. Keep in mind the bears have taken the daily charts on macd, stochastic rsi. I am personally shorting financials and long the vix. I don't think the tech sector is the best to short, financials funds leveraged are Faz or fas. Tech stocks are a bubble when you look at how expensive they are in terms of sales and earnings but most are still good solid companies I like to short companies with real problems like banks.