S&P 500 Intraday Bias, 12/21/11

At 9:36 AM, negative, suggesting sell the rallies intraday. (Subject to change a little later in the day.)

UPDATE, 12:30 PM: There has been NO change to the bias. I posted today at 9:36 AM because at the time, the bias was clearly negative and prices had not declined much yet, so I was trying to post ahead of the price move. Data between 9:30-10:00 AM can be noisy, so I included the "subject to change" warning.