Wednesday, December 16, 2015

QUICK UPDATE: Despite the 1% move in the S&P 500 (SPX) ahead of the likely FOMC rate hike, the daily TD Buy Setup is still active. A close above 2052.23 will revert everything back to neutral. If the bullish price flip at 2052.23 does not occur, then the SPX needs pull back under the TDST Support level at 2018.94 by Thursday’s close to keep the bearish forces alive.  Screen Shot 2015-12-15 at 9.18.32 PM


 

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