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To: Les H who wrote (27275)	8/14/2022 3:36:46 PM
From: Les H	Respond to of 29601

The daily SPX can record a price peak on Friday, August 19th with a TD Sell Setup @8 or on Monday, August 22nd with a TD Sell Setup @9. Recording a ‘8’ or ‘9’ count near the TD Trend Factor at 4342.31 strengthens the case for a more significant selloff. If the TD Sell Setup @8 or @9 count is well above 4342.31, the TD Risk level for the 2 day SPX at 4393.35 will have primary interest to gauge if the SPX can go even higher. Overall, the market is currently in price exhaustion territory, but the tape is very strong as institutional performance chasers are on the run. This can keep the rally going deep into August. tradetrekker.wordpress.com