Current SPX Position: None.
Next Action: Go long at 1502.28 or go short at 1489.45.
System Score: 5=Neutral=Trend Score + Turn Score=10-5
At the open, the System got stopped out for a profit of 23pts, although it wasn't clear that was going to happen as the opening bell approached. At 15 calendar days in length, that trade was more than double the longest previous trade since the new System started in August. SPX did rally to 1502 after 1489 was tested, but, even if I had used a slightly lower stop and the System had stayed long, it's stop would actually be lower now at 1489.45 and basically in the same identical position it was in yesterday.
The Score did officially go neutral late today. So, the System will go long or short at today's hi and low respectively. Although whipsaw is always possible at these System transitions, the short-term bullish trend is long in the tooth and it is very possible that a break of 1489 would lead to a test of 1470ish and then we'll see what happens from there. Good luck.
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