"Bullish Reversal" DAILY SHORT TERM TREND NOW BULLISH

S+P 500 has had a Very Powerful Technical Bullish Reversal."
changing the Short Term Trend to BULLISH at the Close on 12/26/18.

Technical Qualifications of the "One Day Reversal"
is trading lower on the Daily Bar, and then Closing Above the Previous Days High,
12/26 Low at 2346.58 was Lower than 12/24 Low at 2351.11,
and 12/26 High/Close was above 2410.34 High from 12/24

TREND ANALYSIS DEFINITION... USED FOR ANALYSIS
REFERENCE THIS TABLE, FOR FUTURE DEFINITION OF TREND.

DAILY BARS = SHORT TERM TREND
WEEKLY BARS =INTERMEDIATE TREND
MONTHLY BARS= LONG TERM TREND

This" Bullish Reversal"
rescuing the S+P 500 from the brink,of a bear market
now opens up the possibility of something more substantial for the Bulls.

A Weekly "Bullish Reversal" TECHNICAL SIGNIFICANCE
trading lower on the week, but then trading and closing higher,
would be a MUCH MORE SIGNIFICANT TECHNICAL EVENT should it occur this week.

In order to accomplice that, the S+P 500
would need to CLOSE Above LAST WEEKS HIGH at 2601.13 on 12/28/18

SHORT TERM BULLISH SUPPORT IS NOW AT 2410.34

SPX Last 2467.70

THE_UNWIND
12/26/18
NEW YORK