Current SPX Position: Short at 1593.27
Next Action: Stop-and-go-long at 4hr resistance (currently 1592.28)
System Score: 5.5=Neutral=Trend Score + Turn Score=10-4.5
Proposed New Score: 54%=Neutral=Trend Score + Turn Score=48+6
Nothing really changed since mid-day. However, the Score will turn bullish late Thursday unless SPX drops and stays below 1573. Whether neutral or bullish, the System is prepared to go long at 4hr resistance. Bears need to make this downtrend stick or else new highs to 1620+ are likely. Good fortune.
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