SPX oscillators are curling up, but give it some time,
reanalyze tonight and see what overnite futures do, outside lower channel so like jerry said its over. anyways, a proprietary signal from a TI will come and when that says sell, it will confirm, have to wait for it.
ill let you know when it does. more later stay tuned in.
short covering rally- perhaps, there is about 4 different scenarios out there but if wave 5 up is about to begin, you will have plenty of time to play the run up, or this could swing into a crash scenario, the trend balance is neutral, so there is two way opportunity accordingly. So best play is both a call and a put.