The IXIC at the close 1/11/17 was close to its all-time high of 5564.30. If IXIC exceed 5564.30 with SPX failing to reach its all-time high 2282.10 and the DJIA fails to reach its all time high of 19,999.60 this would be a divergence and possible sell signal
Also watch the SPX decline . If the SPX hits the line and fails to go through it could be a possible sell signal.
SPX 2275 Cl on 1/11 has potentially completed the right shoulder of a textbook Head and Shoulders pattern in the SPX
A price rise at the open on 1/12 would be a huge sell signal,based on the divergence of declining RSI tops not shown of lower highs
Stock Index futures are already trading DOWN for 1/12, and the H+S pattern may execute at the open,
WITHOUT any additional price rise, rendering the SELL SIGNAL you have been expecting.
Thanks for the information. I've seen the overnight S&P futures trading. I done some Fibonacci calculations on the SPX
pattern from the top at 2282.10 and a important top may have been recorded at SPX close 1/11/17 at 2274.90.
1/12/17 could be a big down day. I will have more information on my SPX opening call on 1/12/17.