Current Position: Long from 1455
Next Action: Stop at 1437.94
Score (0-10): 8=Bullish=Trend Score + Turn Score=9-1
Yesterday was a Sell On Strength day somewhat counteracting the BOW days last week and adding to the mixed signals. The Score is on the cusp of dropping to neutral or worse if SPX drops below its 20dSMA today (currently 1445.72), so the System is likely to go short if stopped out. I'll try to post quickly if that occurs, but, for now, SPX is trying to rally. The next trend should easily reach 1390 or 1490 and probably beyond those targets. Good luck.
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