Various stats indicated that the low of w/e 08/18, at 4350, would be broken last week. It wasn’t. Stats keep that break-down as a strong possibility this week. Failure to do so could be an indication of strength. Price above 4490 (1/2R off July high) would also be an indication that the uptrend off October low has resumed.
ST: The 4mn Control migrated to 4411.50 on Thursday. Price relative to that level is important to monitor at the start of this week.
