Trading has been good for some during this period. It appears that not much has changed as far as targets ST, and I don't have a clue at the moment as to upside when S&P breaks out to the up side again. For now every thing I check is starting to roll over faster than a week ago so more caution is warranted.
Price still in a rise, but money flow and momentum is decreasing. Somewhere in the 1414-1428 area we will get the dreaded short term TOP. It now appears that the SPX will go a little higher before correcting, IMO. Keep in mind the the decline could be to 1370/80 and still be in a LT bullish trend.
This will be my last post for this year. Hope all have a great Christmas and Happy Holiday season. My best to all.
mss