We are into choppy trading and I expect the lower lows to continue for SPX. There is a cycle that I am currently using to forecast the day to day trading in the Financials Indexes with particularly good accuracy.
I have completed Intermediate and long term charts for SPX with target levels. Frankly speaking the markets are trading at levels which represent a bubble of unprecedented proportions. I do believe I have the patterns in place that show clearly how, and when, the bubble pops - it's a shocker!