Todays DMS is indicated bullish as measured by DTE- and calculated by DSI- Todays DMP=18.104.22.168- *Robust #’s indicating 3:1 buy/sell signals-
The TIME model configuration turns bullish within the intermediate/minor cycles coupled with a HIGH DMP reading indicate higher prices for the SPX/MKT into early June-
SPX S1=2718-22- Would BUY any move into his level-
SPX S2=2715-17- Needs to hold, would be a T/A “red flag” for the SPX/MKT-if broken-
SPX R1=2755-57- Would lower long exposure here.
SPX R2=2758-62- Would engage the SPX/MKK on the short side here.
Chief Technical Strategist / DCH-DTA