Chrisalias, there is one important indicator I am waiting on here, and it is the 60-min full stoch 21,13,5 on the SPX. As you can see by the attached chart, we have not been turning down in earnest until that indicator gets overbought above the 80 level. Currently it is at 62 and rising. It looks like we may need the rest of today and maybe early Monday to get this indicator up there, with Monday possibly a re-test of today's highs.
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