After a valiant attempt to hold above 114 level and then break above 114.20 level, the SPY finally broke down below 114 and even the 113.70 area that was "tested" support from this morning.
All bullish price signals were contradicted by the VIX and the TRIN so it was a good environment not to go long in.
Markets are behaving well.
Have a great rest of the day and see you tonight,
Matador : )
