The ever-reliable market technician chessNwine has stepped out of the box and taken a more bullish stance today. He points to several hammers among indices/ETFs in his candlestick charting analysis, including the S&P 500.
But are they hammers in the definitive sense? Over at American Bulls, the S&P 500 is read as a black spinning top.
Whatever and whomever is correct, it's more potato-versus-potaahhtoe territory. The hammer/spinning top is noticeable enough to warrant every close inspection on tomorrow's open, particularly with a key jobs report due.