$SPX Daily: Chart 1 reflects the market is stuck between support and resistance. The blue line is the 38% retracement level. Chart 2 reflects that price has fallen below the lower pitchfork line. Chart 3 shows the channel and now that we are below the pitchfork we could easily continue down into wave four over the next couple weeks.
NC: Still in the process of making E. Too early to trade.
COST: A move higher off the uptrend line.
J.D. Rosendahl, Rosey