Also, two more bullish triggers occurred after the close, neither of which I was expecting, leaving the trend now at 50% bullish.
Breadth for the day was 3.41:1, advancers, not near yesterdays level, but higher then I was expecting with most of the day being stuck in a flat trading range.
No higher highs were made today, nor lower lows, so that trend is neutral, as well as the Trend finder, with equal numbers of buy, and sell signals.
1076.88 is where the 50 day MA closed, and that would make a great target to finish this rally off, a quick back-test of the 50, and conveniently that would also close the gap, then we could call this rally completed.
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8:12, The gap created at the open has about fully filled itself, and that really ups the odds it was an exhaustion gap instead of a break-away gap that is seen in the middle of a run. It is now quite possible that the "C" wave has terminated.
7:11, The longer term Fibs now has resistance up near the 1090-95 level from the next bullish fan line since resistance was broke at the open, and the 1125 level has resistance from a very important high.
7:04, The SPX has broke out of the bearish fan with that gap after the open, and is now firmly in the most bullish part of the green fan.