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To: Les H who wrote (27448)	10/22/2022 9:18:23 AM
From: Les H	Respond to of 29601

The weekly SPX price flipped bullish from what would have been a TD Buy Setup @9. This is a non-issue as the primary call states the SPX was already in long term price exhaustion territory. Related indices such as currencies and bonds are also in long term price exhaustion territory, which provides quantifiable evidence the 3491.58 bottom looks to hold. While all this suggests the road ahead provide a reprieve from all the bearishness, the fundamental drivers courtesy of the Fed have not changed. It’s been a classic bear market and another leg lower probably means the market needs to potential liquidity dislocations. That would be a big negative. tradetrekker.wordpress.com