The turquoise fork lines from the August 29th SPX 15min chart have worked well in marking turning points. The top was marked with a slight overshoot, and in addition, there was a decent bounce up from the lower line today.
My cycle work called for a decline with peak bearishness centered on today (as mentioned last week). According to that analysis, the cycle remains moderately bearish until Friday. Starting this Friday it turns quite bullish again including the majority of next week.