Replies to post #20956 on CHARTS_CCI_SYSTEM

[rimshot]

$SPX daily -- the 3 lime green horizontal price lines
I have posted about many times at this board
as the $SPX values that bulls must defend
in the long-term and in the near-term future are holding, so far

* the downside violation today of the 200-day EMA has
not continued, potentially bullish only while this chart condition lasts

( 2759 = 200 dema )

bears need to hold price action permanently below the $SPX
200-day ema, or more decline is a no-go

* daily PMO needs to reverse back to the upside
and
PMO needs to return to reside above the zero line, or
the bulls are going to lose the fight eventually

* the price battle at this moment is located near
the 150-day SMA

( 2774 = 150 dsma )