16 May 2016 Pos. Divergence

Positive divergence in intra-charts mentioned in last blog indicated the rally in the SPX today.  A reset now is in place for a downside move if intra-chart signal can return to down-trend and exit OB.  Watch for this tomorrow for confirmation of that reset opportunity.

SEN: Bullish (Down-Trending May 5th)
ST: DOWN
PA: NA
R: NA (Possible by open tomorrow if signal is down trend and out of OB)

Still expecting wild volatility swings...