Sell signal last Wednesday, September 20th – $SPX, $SP500, $SPY

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I just noticed this sell signal released last week on Wednesday, September 20th…

As you see in the daily chart below we have a TD combo sell signal triggered on daily chart (bar no. 13).

I think it could be time to retest the red break up trend line @ around 2470 SP cash.
If we bounce from there we should still be able to print the upper target @ 2536… if not, then we we should have seen a meaningful top that could last for some time…. (remeber last week call from the top analyst mr. Tom Demark?)


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