The drop from yesterday's high has been very much an overlapping back and forth. These are encouraging signs that SPX could finish the pullback around 6700 +/- region.
CPI data is tomorrow and Japan rate hike is on Friday. If market can maintain this overlapping posture, we have a good chance to see Santa rally afterwards
But do pay attention to any sudden drop as that would be a bad sign.
Net net, grinding down to 6700 +/- region is nothing to worry about, but any sudden drop need to be put on high alert