SPY stuck under QP. Other than IWM, USA indexes had weak advances. Often such moves are a prelude to selling. But as long as DIA above MP, NYA above HP, VIX below YR1 and VXX not threatening, I give the bulls the benefit of the doubt.

SPY below - the only one of the 5 USA mains sitting under a major resistance level. If all of them looked like this I'd be sounding a more bearish alarm. 

8 1 SPY D.png