Downtrend Broken (For Now)
As of 12:20cst, the market has actually broken above the 200ema which would be extremely bullish. Lately though it hasn't been able to hold these bullish levels so we'll need a good close and a positive follow through.
Looking at the chart a close above 1088 breaks the downtrend and of course most people see 1100 as the strong resistance. Naturally any break above that level would bring along a ton of technical traders.