Afternoon Update – CTA’s Finish Selling

As the S&P (-2.7%) has come within 0.25% to 0.5% of the measured move target for the most recent bear flag (target levels $5535-$5550), SPX (15m) most recent bear flag broken with a back test Friday on a 1-day oversold signal (from Thursday), and headed toward the measured move today after a test of Friday’s…