sp'60min
Summary
Bull maniacs should be content with any positive daily close.
Whilst bears have to break <1870, and that looks difficult. I just can't see any downside power, price action is pretty strong.
Yes..the waves are over-lapping, but does it matter? We just broke a new historic sp'500 high, and other indexes are real close to breaking new highs.
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Notable strength: FB, +3%, although sister hysteria stock, the TWTR, remains only +0.5%.
*I hold a remaining secondary short-block, but will get the kick >1885, and I'd guess that will occur.