oops

Failure of 2089 on friday generates a Short Term Sell signal, and an OSC Sell Signal and an L/T Sell Signal at the close.
Expect an overnight bounce, and watch for any strength above 2098 for change back to long.

Chart of S&P500 for 9 March 2015

scrape on bye

ok so mananged to scrape back above the cover level yesterday but i do think there is the possibility for a test of the mid-point and S5 now.

Note we are at the 3rd arm of the T structure and we have a sell warning in place from the T vol oscillator.

Chart of S&P500 for 4 March 2015