Our ETF model went in too early: long at 893, the AM model at 883 but the PM model is getting the low or close. We are sufficiently oversold to warrant a huge bounce now. We have tagged SPX 857.
A low tomorrow on the full moon would reverse the trend higher and we may see a huge move up into Monday next week. Today or tomorrow could satisfy the 5 week low. We may see move up to the 1050's soon like early Monday.
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