While the odds of SPX declining to 2100-2200 have increased greatly, I think the combination of deplorably bearish sentiment and the seasonal (yes, I am still giving that some consideration) and the short-term oversold situation on SPX are reasons to be guarded if you are short. But then again, as stated frequently, I am not a resolute or very good short seller. The Daily chart … Continue reading NFTRH; SPX Daily Chart Status (high priority)