Current SPX Position: Long at 1502.28
Next Action: Stop out and go short at 1495.96
System Score: 5=Neutral=Trend Score + Turn Score=10-5
The System is now long. There is a possible EDT concluding, but the System will go short at 1496 if there is a sharp fall so we should be in pretty good shape regardless of which direction is chosen for the next couple days. Remarkably, Dow is now less than 2% from its all time highs and only 0.4% from its all-time monthly closing high and should end the week with one of the 5 highest weekly closes in history. Good luck.
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