I prefer 1247.07 or less for a perfect low.
That would include a trin of 2.50 or higher. A lower HIGH,LOW,ClOSE of day before.
click chart to enlarge.
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Trending the SP500 SPX using proprietary cycles. A mechanical program (excel formula's) and the use of Advanced Get (Elliot waves) to both visually show what my spread sheet offers and how Advanced Get understands it. I'm also using a MOON COUNT that has been working nicely! Use at your own risk to supplement your own work. Jerry