Well the Factory orders data is out of the way....next up ...ADP jobs data tomorrow morning.
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15min cycle floored - from a momentum view
60min cycle...could trundle down ALL day..and into early Wednesday.
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SP'60min
Only a move under 1400..preferably 1395 would be moderately bearish.
The BIG weekly and monthly cycles are still saying UP UP UP.
*also a special note, all those monthly world-index cycles I covered at the weekend, many are indeed going + cycle, and triggering buy signals for those algo-bots.
**world indexes are also floored on the daily cycles.
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