The daily chart is at a decision point. TD Combo 13 was printed on January 3rd. A sell signal, if it is going to occur, will usually come within twelve bars. That time period is shown by the two vertical blue lines. The alpha pulse high is shown within that time period - does that mark a tradeable high? The daily price pulse is not much use here as a sell signal will only come if the current beta pulse drops below the z pulse low of late November. Waiting for such confirmation would require giving away quite a few s&p points.
Looking at other TD Developments: We have had a price flip (on Jan 19th) following the alpha pulse high but have still not closed below the TD Reference close which is shown by the horizontal purple line at about 1274. Note that a close this Friday below 1284 would be below the weekly beta - x trendline.
Bottom Line: A move above 1296.06 would kill off any potential daily chart sell signal associated with the TD Combo 13. A close below the TD reference close would keep trading activity focused on the weekly chart.
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