SPX - BEAR COUNT #1
SPX - BEAR COUNT #2
SPX - BOLLINGER BANDS
SPX - BULL COUNT IS OUT
The bear counts rule the day. I like #1 but #2 may come into play if the lower BB provides support for the market.
The bull count I have been presenting all along is officially out, at least how it is labeled. There are a few other options to be aware of. I'll see if I can post them later tonight.
Gotta keep an eye on the daily MACD though. As previously mentioned, a possible positive divergence may be in the works.
Gotta keep an eye on the daily MACD though. As previously mentioned, a possible positive divergence may be in the works.
