Price didn't change but lots of other conditions did. SPX may stay range bound between 1115 - 1100 until the next week. However, there will be a swift resolution to Gold parabola, USD and Equities after the holiday if not before. You know I am said to be a patient person.
You can find a link to ISEE in the favorite sites page.
When you get this kind of reading on ISEE, next day or following day you get an intraday spike that terminates entire swing move. This spike may print as high as 1120 but like everything else this is just a statistical observation that may or may not happen in the current case. But what will very likely happen is, in the next few trading days, the market will start a new tradable downtrend which has already began in several other sectors as well as leading indices like Russell2K.
Until the next week I will try to drop a few lines everyday whenever I get a chance. I will be back full time starting next Monday.
