Well, our opinion is to trade in the bias of the longer term timeframe charts. I usually use the h4 & daily, but with spx being active a shorter period, we use the 1 hour to draw analysis and m15 for entry confirmation.. Looking at all markets going up, coupled with fundamentals, then technicals, long is the best probability.. so long it is until we bounce the higher timeframe trendline, then WAIT for retrace and go long again.. Wait being the key phrase.. We know it's hard, but it can be very profitable. Best of success!