Not much has changed since last update, except to note that SPX has rallied right up to the confluence of the red and black trend lines on the prior chart:
If blue B/2 is going to remain simple, then SPX could turn back lower fairly directly; conversely, if B/2 is going to become complex, then it may rally toward the higher black trendline of the upsloping black trend channel (second B/2 label).
Beyond that, no change. Trade safe.
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