outlook for 09-15-2011

I told you on Monday that up side pressure was building from the shorter cycles, to expect a pop Tuesday or Wednesday.  Well we got a pop, more than I anticipated.  In looking at the data and events I believe I may have had the cycles placed something like half a day off because I thought we would see a high earlier in the day.  So I shifted the cycle placement  to reflect this.

All the cycles except the 2.8TD cycle should be down tomorrow, so a sell down is anticipated.

Here is the SPX swing cycles:

Gl traders, do your own analysis.  QID and RWM positions not looking so good at this time.