I believe we are having a swing trend reversal today.
Spy daily chart Slow Stochastic hit bottom, has formed a golden cross,
ES retested previous low, made a higher low, then run up.
We may/ or may not need spy to retest today's low.
This round of down swing should be done,
Upwards swing trend reversal today. http://bigcharts.marketwatch.com ... 6&x=72&y=27
Now, we got spy low revisited. Most important, we got hourly/15 min/ 5 min
MACD positive divergency.
Spy daily chart Slow Stochastic hit bottom, has formed a golden cross yesterday.
Today, this golden cross further crossed, opened up to point up.
That is what we need to confirm this uptrend swing comes true.