The bulls are in control. Bears need CPER below 16.39, GTX below 2426.40 and/or VIX above 15.87. The funny thing is that any or all three of these parameters could turn bearish without too much effort at all. If 1 of the 3 turn bearish, the stock market rally will stop. Bears likely need all 3 parameters, copper, commodities and volatility, respectively, back in their camp if they want to growl loudly. If all 3 parameters remain bullish, the stock market will rally higher and the SPX will be on its way back above 3K.
9/13/19;
10:00 AM EST =
9/9/19;
2:44 PM EST = +84; signal line is +45
9/9/19;
2:29 PM EST = +70; signal line is +43
9/9/19;
1:52 PM EST = +84; signal line is +40
9/9/19;
1:37 PM EST = +70; signal line is +37
9/9/19;
12:58 PM EST = +84; signal line is +35
9/9/19;
12:33 PM EST = +70; signal line is +32
9/9/19;
11:07 AM EST = +84; signal line is +30
9/8/19;
7:00 PM EST = +70; signal line is +28
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