The market turned at the top tine of this blue fork. Three times has this fork been tested. A small parallel fork within a larger fork has developed. I don;t know what will happen, but a break below 1422 would send fear into the heart of the Bulls. 1422 was the target I previously named.
I have marked these support levels with rectangles.
A close below 1428 SPX would cause the candle sticks to wait for a bearish confirmation. It's a bit mixed right now, and a large decisive move up or down may help indicate the future direction of the market.
So let's wait and see which way the market breaks
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