The S&P and Nasdaq have stalled rallies that haven't yet challenged resistance of their respective trading ranges. There is a case the Nasdaq has come up against resistance, that was once support, of the prior bullish ascending triangle. This level is also near converged 20-day and 50-day MAs. It could be a shorting opportunity with a move to trading range support.
The S&P is in neutral territory despite today's higher volume distribution. Technicals are mixed with MACD, On-Balance-Volume and +DI/-DI in bearish territory.
The Russell 2000 (IWM) is another index in neutral terriory, although an argument could be made for a breakout from the bull flag. Technicals are mostly bullish although the MACD is still on trigger 'sell'.
Bitcoin may be slowly rolling over into a retest of $60K. Technicals are net bearish.
A shorting opportunity may be present in the equal weighted Nasdaq 100 QQEW. The retest of resistance of the November swing low has come back with a "bearish cloud cover" candlestick that could expand with further losses.
For tomorrow, look for sellers to follow on from today's bearish candlesticks, but losses are unlikely to be big.
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