Breadth for the day ended at 4.23:1, advancers, which is a strong number, but not as high as we saw last week, again, breadth is starting to wane along with volume.
The Trend does remain bullish, as the SPX made another higher high today, and all indicators on the Trend Finder remain bullish, and as long as the SPX keeps inching its way higher with-out making any lower lows, the trend will continue to be bullish.
The next point of resistance is up at 1131.23, from the high made back on June 21st. Breaking above that level would also void one of the two bearish counts going, leaving only the Leading Diagonal count where the low made on July 6th marks the end of the 1st wave down, and the beginning of the 2nd wave up, and with the LD, a 2nd wave retracement can be extreme, up in the 78% range. If this were to play out, and the length of the "C" wave were to equal the length of the "A" wave, 1145.43, would be the top of the 2nd wave up, which turns into a 64% retrace, perfectly acceptable in EW terms.
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7:22, Possible that the SPX is in the finishing touches of a wedge formation, or End Diagonal.
6:52, The SPX is coming up onto resistance on the longer-term Fib fan, somewhere in the 1110-15 range it will hit the last bearish line.