For the SPX starting at 1755, the bulls need to touch the 1759 handle and the upside will accelerate. The bears need to push under 1744 to accelerate the downside. A move through 1745-1758 is sideways action. The bears continue steering the ship in these treacherous markets. One of the above 4 parameters will flinch and send markets in that respective direction. The caution flag remains hidden but if GTX or SOX turn bullish, the caution flag will return and if both parameters turn bullish, the imminent turn status will return.
2/9/14;
7:00 PM EST =
2/7/14; 9:00 AM EST =
2/4/14; 9:36 AM EST = -30; signal line is -11
2/3/14; 3:50 PM EST = -44; signal line is -9
2/7/14; 9:00 AM EST =
2/4/14; 9:36 AM EST = -30; signal line is -11
2/3/14; 3:50 PM EST = -44; signal line is -9
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