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[blustar]

I expect the markets to make a nice reversal from Thursday's top and test previous support at SPX 1256/57 either late Monday or early Tuesday. This is still a buy the dips market, however, we are approaching a tipping and topping point soon where we go down a good amount into the the next 16/32 day cycle low due Nov 17. Overhead resistance is around 1299/1300 next week. Overall down side targets are around 1181 SPX +/- and then another strong wave up is expected into or around previous projection dates. I am VST bearish, ST bullish, IT bullish, LT bearish and VLT neutral for now. Market continues choppy, which is good for traders.