The Detail is shown Graphically on the Above Idea. SPX is Formed Cypher Harmonic Pattern based on Fibonacci Table.
Maybe at this bullish moment not the most logical to play out but it's technical so perfect. And looking at the daily chart if we close the day like this and continue reverse then we have bearish divergence
Bat complete and Cypher nearly at the buying zone .. possible long coming
A cypher pattern is forming at that key level so we should expect buys up till that zone. Once price reaches the zone, probably around the .750 mark, look to sell it back down.
Remember to trade your plan! ~ Bizlus trading, for stoics~