Wed 8/7/2013. Mid-day Update.

The Score is currently 1 which is very bearish. However, VIX and SPX are at/near support so a near-term bounce is likely from 1682-1686. At this point, for the Score to remain bearish/neutral, SPX needs to drop hard and not recover the 20dSMA or very quickly make a failed rally near 1700 before breaking the 20dSMA again. Good fortune.