Needless to say, all of the intraday SELL thresholds from this past weekend's blog have been crushed. Here is a current S&P chart, showing Blue Wave's preliminary SELL on the Daily chart, and prices in imminent danger of violating the ATR SELL threshold. If these numbers hold up into the close today, there's a good chance that a new Intermediate Wave DOWN has begun:
Update: Ten minutes after I posted the above chart, the ATR_TrailingStop triggered SHORT:
This signal, along with the Blue Wave Sell, still need to be confirmed with closing prices staying below their respective thresholds.