SPX Cycle Active Buy Blockers: Daily, Weekly & Monthly. The 60 min has just expired, the Daily will expire at the close today unless it hits the UTL before then. The Weekly & Monthly both expire at the end of the month. So what this means is, I don't buy long for the time being. If we get a large upside move which would put the Daily in an OB situation, I will protect some of the gains using SPXU.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."