Market Misbehavior

Oof. $GOOGL dropping a big time bearish engulfing pattern as it tests the 50-day moving average, also the neckline of a potential inverted head and shoulders pattern.

$SPX remains rangebound, with RSI remaining in a neutral range between 40 and 60. Anything above $SPX 7300 seems like more "backing and filling" and less something to really worry about. $SPX below 7300 though 😳

How bearish do I want to be when all the cumulative advance-decline lines are making new all-time highs? $SPX