November 1st – Setting Up
SPX DAILY - Yesterday I mentioned the day 52 lows, the 'last engulfing candle' and probability of a low forming here. We did get follow through higher on Wednesday.
SPX DAILY - We did get a pop higher. It sold off into the close, but I still feel that this is a valid break higher for a dcl. It may drift lower along this trend line and fill that gap though.
SPX WEEKLY 1 of 4- We have a weekly reversal.