From 10/29: "SPY does look a bit toppy here with 2 bars under the Q4R1 at 209.07, with today being a smaller thrust with less volume; but SPX & ES remain quite positive above 2079 and 2077 Q4R1s respectively."

SPY clearly rejected from levels on Friday, and ES just below 2077 which adds to bearish concern. SPX closed bang on the 2079 level. Watch this area on Monday! Basically, below ES 2077 & SPX 2079 is short term bearish, back above bullish until SPY Q4R1 that was resistance the last three days.

We'll have new November pivots to check as well. Given the price structure of October, with huge rally from early low of month to high near the end of the month, most indexes will open above November pivots which can act as support. More on these soon.