***Note- I should have the last green 3, 4, and 5 in question marks because it is still unclear if we had a 3rd, or a 5th for the recent top.
***Dollar update, the Dollar is now testing the upper channel line and now has $79.58 as the HOD.
This is a look at the weekly SPX with the Trendfinder indicators on it.
**Breadth update, continues to rise and is now currently at 16.93:1, this is VERY bearish if it holds thru the close.
Wow, the SPX finally broke the lower green channel line with enthusiasm, current breadth numbers are at an astonishing 9.74:1, decliners!!!
This opens the door further for an option of a 1-2, 1-2 down count instead of a corrective a-b-c-x-a-b-c, double zig-zag for the "A" wave of the 4th. The 20 day MA was also breached this morning.