tueday - mmmm...., page-112

Not truly certain JA,
the things that are suggesting to me higher are:

Overlap to the upside on the three drives down on the MACD Mavs (hourly), just a wink(inatcha) ovbservation that this often can mean higher price

Pierce of 21 MA and initial use of 21 MA as support on hourly

Hourly stoch, though turning down now made it above 70 on a drive upwards which on lower time spans, after time in the oversold area often sees this indicator make it all the way into the overbought region.

Down side on the SPX on the 5 min "looks like"" it has traced out 5 waves and is now in new trend up, whether that trend will be as large as the down trend I don't know but I can see reasons for it being at least a three wave retrace, which if first wave was to your 917 and has been followed by a higher low, suggests we could see an equal leg up from that higher low, giving us around the figure I mentioned.

All conjecture and like I say am predominantly scalping/ watching, ready to learn.

;)