Mon 6/10/2013. Mid-day Update.

4hr support and the stop has risen to 1639.26. If that level is hit, the System would re-enter long on a new high. However, the go-short level only rose to 1633.69 and won't rise any further unless the technical indicators can rally a littlee more which might require one more small rally or possibly another day of consolidation near 1645-1650. The current setup short or long is susceptible to whipsaw, but you have to play the trades regardless because its an odds game that wins over time. Good fortune.