“Those who have knowledge don’t predict. Those who predict don’t have knowledge.” Lao Tzu, Chinese philosopher, 6th century BC

PAYPAL

Tuesday 16 August 2016

Aug 16 2016 - EOD

2193.81 SPX is the current ATH.  The negative divergence that has been developing is starting to take affect, but will depend on a reset if applicable.  ST has turned down while intra-charts are in OS condition.  Therefore a high risk downside SYNC is present.  This does not mean the S&P cannot rise..  What it means is that the intra-day signals should be watched for OS range EXIT for a intra-day Upside Reset or a price acceleration downward suggested by our PA.  These are the signal actions to watch.

SEN: Bullish
ST: DOWN
PA: DOWN
R: NA


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