Good morning, SPX is trading at 1509 at the moment above 1500 resistance. It is also trading above upper TL as it is broken above the resistance today. Yesterday, I commented on DOW showing strength noting that it is trading above upper TL resistance.
It seems that SPX is heading to SPX 1550 target, as noted before, I didn't see a top for ST/IT yet. I changed my market sentiment from bearish during Dec2006-Feb2007 to bullish as I saw a bottom on March 05.
At what point will you change your sentiment/bias if you were bearish?