Current SPX Position: None
Next Action: Go long at 1446.08
System Score: 8=Bullish=Trend Score + Turn Score=9-1
ES futures are way down. Fortune smiled on us, since a long entry was narrowly averted near the close today. While there could be a stick save by morning, it is possible price will settle at or a little below 1420 overnight near max option pain which has risen this week. Friday is quad-witching OPEX. The other support would be near the previous 1398 pivot at 1400ish. Let's see what plays out overnight but any hold of 1415-1420 should keep the System bullish. Good luck.
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