The last high we had was on 12-29-14 @ 2093.55 Spx leading
up to that we had 8 days in a row of higher highs. Currently 2-13-15 we have 4
Days of higher highs. If we look at the Market internals for the 29th
we see a strong thrust into the close with 2/1 advances but nothing as strong
as last Friday where we had 190 new highs only 5 new lows and 2/1 up volume.
Friday the 13th was much more greedy all around.
I don’t give it more than 2 TD if that greed rate keeps
going.
The Advanced Get chart I have built offers a pitch fork
nightmare putting us right in that triangle. I offer 2088 as a line in the
sand.
You will notice AG has us in a Wave 5 configuration so a
sharp move down of 100 SPX points would be expected when we turn.
Is this the final top, I have no clue.
Jerry O
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