Prices started lower during the session yesterday and filled the gap left at the open of October 14. This was also in the area of the short (solid red line) moving average. Price found support at the previous gap and then marched higher. At the close we were left with a down trending price bar on the cash S&P500 daily chart. We have basically consolidated since the market perfected a TD Sell Setup on Monday and we continue on day 11 out of the required 13 for a Sequential and/or Combo sell.When all was said and done yesterday the market was just biding time. There are no changes to the working road map.
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