Good morning : We mentioned yesterday am- that 2740-43 was solid weekly/daily technical/algorithmic resistance and would likely set up a brief pullback lasting just 1-2 days.

The TIME cycle model , coupled with price location relative to TIME indicate a limited UP side profile for the SPX/MKT , hence our model turns Neutral suggesting as much downside risk and UP side momentum in S/T-

 

Adam Lorraine-

Chief Technical Strategist / DCH-DTA