Actual: 9/14 High (-1), 9/20 Low (+1), next is Up into 9/24 cycle High.
The 9/17 Cycle High, arrived 1 TD earlier at the 9/14 High and the 9/19 Low arrived 1 hour later, in the 1st hour of 9/20 Low at 1449.98 SPX. We then reversed higher and rallied the rest of the day, closing at 1460.26 SPX yesterday. The rally phase should continue today.
What's next: We should continue to rally into 9/24 cycle High, before the next pullback.
Overall we should be higher into end of the year, with some sharp pullbacks along the way.
October should be full of surprises for many, but 2012 should end on an Up note.