Bear Market Action

I just got back from vacation today and didn't get my System rules published prior to that. I will do so by this weekend at the latest. If I had seen the slightly negative SPY candle last week when 1938 was surpassed, the System would still be bearish, not neutral and I'm actually going to eliminate the neutral option anyway. More to come soon. I think it's obvious that the last couple weeks of action have been different than the corrections of the last 7 years and thus confirmation of a bear market. The hourly score is +40% which is only mildly short-term bullish in a downtrend, so more downside is very possible. An uptrend won't be confirmed unless SPX rises above 1901 Wednesday without falling below 1858 and futures ain't looking good. If oil is heading to $26 now and Dow intends to make a lower low, SPX 1750 may come sooner rather than later. I don't know which way it's going to go short-term but all trends are down and my intermediate-term targets remain SPX 1750 and 1600. Good fortune.