CHARTS_CCI_SYSTEM

[rimshot]

SPX daily closes above 2732 are
needed for several days in order
to see a short squeeze and lasting buying surge in earnest,
and seriously discourage the bearish bias
which remains in the psychology or
in the hopes and dreams
of some traders/technicians

for those who know where to look,
Don W. made a telling public statement
in recent weeks which is a valuable
reminder, and I have summed up his
sentiment in my own words below:

the more bleak it temporarily appears,
the healthier and more sustainable will be the following
advancing sequence

and I remind you that the longer is the period of
horizontal price basing, the more sustainable
is the following breakout or breakdown
( an accepted classic rule among market technicians )

* here is a link to John Bollinger's Market Timing
Chart Pack, for which permission is already granted
to re-distribute

a PDF file
Note - chart #21 is newly added with this March 6, 2018 update

https://docs.wixstatic.com/ugd/58be43_15ad120e53af463098e5c35709ff44e5.pdf