Wednesday, January 25, 2017

QUICK UPDATE: A bullish price flip at the close of Tuesday’s session with a new high and new closing high on the S&P 500 (SPX). This takes away the sweet spot for a meaningful selloff and the bear probability begins to decay. This resets all the TD counts and a new TD Trend Factor is set at 2323.89. If everything today was a false breakout, then the SPX needs to break below 2261.93, the 60 minute TDST Support in one or two days. spx-daily

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