Interesting chart ...
Attachment 10376
RSI (upper red circle) is shockingly low - and does not show any inclination to cross back over the 20 (which could be an indicator for a trend change) ...
Downward momentum (lower red circle) seems to fade ... but the last times it did that it didn't do the SP any favour.
Volume (second last graph) was yesterday a bit higher - but if you look back in time, the peak was in no way outstanding, we had plenty of higher ones on the way down to where we are. Sometimes these spikes caused subsequenty a wee dead cat bounce and often they didn't.
Maybe TA specialists like Moosie or Hoop could read more out of this chart, but I see so far just a shocking and unrelented downtrend ... and no indications yet for a change.
And no winner, while I don't think my typical trade packages would have made a huge dent into yesterdays volume - just for the record, I didn't buy (well, not TRA ;)).