It all was going well for bulls. For now. Week is not over yet, but for now sp500 is below 21 average. Since January 21 2013 expotential moving average was a stronghold. There were corrections which ended below that average but bulls always managed to end week above that 21 average. That is why this week is important. If sp500 closes this week below 21 average this will be a bad sign. We might see more sell-off, below weekly sp500:

sp500-weekly-chart-10-2014

I also wrote recently about lack of buyers on eur/usd. It looks like they finally are doing something. It is to early to tell what, but it may be start of something bigger. Below bulls trying to force 55 moving average on 4-hour eur/usd:

eurusd-4hr-chart-07-10-14