As per my comments yesterday evening, so far we have what is shaping up to be the bearish confirmation needed to confirm yesterday’s shooting star candlestick in the S&P 500.  A lot can happen in the last 30 minutes of trading and so today’s bearish candlestick can be negated by the close if they ramp the market higher but I just wanted to point this out as something to monitor.  It may prove to be premature but I have added to my short exposure throughout the day shortly after the market went negative and plan to add some more if we close at or below current levels.  If they do manage to ramp the market into the close, I will sit tight and wait for additional confirmation before adding any more short exposure.