Trader stock market trend (bull or bear) is set by stock market trader's sentiment, fundamental (economy) and technical (TA) analyses. Trader's stock Market Trend Headlines also affect the market sentiment to invest or sell stock!
Stay with cash and SPX market trend on stock and so forth, has no direction. Only Fear! Read this article - http://theeconomiccollapseblog.com/archives/if-the-yield-goes-significantly-higher-the-market-is-going-to-freak-out