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So far we're seeing good results with the index rally off the daily time and price lows as discussed in previous articles available through the link above. Note also on the weeklies; we did not see additional short side triggers as the 6 period CCI bounced on top of the zero line on SPX, INDU and RUT, and NDX 50 CCI held above zero, actually triggering an additional weekly long side trigger for Nasdaq. While we may see interim highs and relatively minor (intraday) timing highs, the most solid timing highs on the dailies are shown on the SPX and INDU charts.
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