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Quick summary of recently triggered intermediate and long-term setups that remain in effect. Despite the short-term ugliness, no sign of major selling pressure from the swing model and so far only a handful of -1000 TICKs during Wednesday’s session. 1000 TICKs oscillator remains in solidly positive territory.
07/11/24 NDX -0.5%, Up Volume >60%… NDX above 20211 on August 9th
07/11/24 SPX Band Spread >100… SPX above 5584 mid-January 2025
07/02/24 SPX 10-day Range… SPX above 5509 early January 2025
06/17/24 SOX 14-day RSI >75… SPX above 5473 mid-December 2024
06/12/24 Investment Grade CBI >10… SPX above 5421 mid-September 2024
05/17/24 VIX 2yr Low and <14… SPX above 5303 mid-November 2024
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