The SPX broke through resistance at the 38% retracement level and looks to be heading toward the 1130 50% level. The RSI and CCI indicators both have shown buy signals as they have both crossed above their mid line. The Wm%R is close to confirming the trend upward as it is very close to crossing above the 50 line.
Another signal worth noting is the CBOE total put/call ratio, started out around 1 the beginning of last week. It has since then come down, however that has been a very strong buy signal in the past as it has seldom ever happened.
via StockCharts.com
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