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Thursday, September 08, 2016 6:57:58 AM
NYA is still the laggard and index to watch for the happy family high to be reached. NYA needs more than 3% still and SPX is only a bit more than 1% away from my target, RUT is lining up for a new high and the other indices have already reached their new highs. NYA still needs a re shuffle to align. The SPX chart shows the fractal I was counting on, it's a little retarded now but still seems to need that drop. The previous drop happened in just two days and we could still have that low put in by tomorrow. If it doesn't happen, the high before the 21 FOMC meet will need to be re shaped.
if it looks right it is right
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