Comments are on the chart.

There is a TD Sequential Buy Setup of 9 days down today.  This implies that next week "could" see a bounce but it's not a guarantee.  Yesterday was a close below TDST Support = 2097.90 which is a negative.  Unless the $SPX can go back above 2097.90 and stay there the likelihood is that we will see lower prices ahead.   Sometimes prices bounce back and forth above and below TDST levels before finally choosing a direction.  Time to be careful.

Yesterday was a TD Sequential Buy Setup of 9 out of 9 days down.  No guarantees it won't go lower.  Just a low risk entry point.

Hi Matt/Steve.

Will the big plunge in gold prices on Tuesday be incorporated into Friday's COT data or will we have to wait until next Friday?   Thanks.

Cheers, Denis.

Hi Matt.

I like the approach you are taking right now.  I much prefer knowing what is going on than sort of having a black box system.  Anyway that's my vote.

It's a great system/approach.  Thanks.

Cheers, Denis.

* $SPX in the 2 hour chart had a reversal Deliberations candle yesterday at the close.  It looks a bit like 3 White Soldiers except that last 2 candles get shorter and the last one is the shortest.  Yesterday it was a Doji as described by Steve in the newsletter.

* TLT had a TD Sequential Buy Setup of 9 out 9 days down yesterday.  As well there is a TD Setup Trend (TDST) at 132.33.  A per T DeMark a decisive close below this level indicates a change in trend to bearish.  Also when a TD Sequential Buy Setup occurs near a TDST level it's a good long opportunity.  The approach used by Matt and Steve works well by using a buy stop above the high of yesterday's Hammer candle

I have USO on my chart with SPY and they are highly correlated these days.