Market Summary Update

I have changed the parameters on my Market Summary SPY indicator to better reflect what I am seeing in the market. The weekly panel found support on the 30 week moving average as seen in the image below which I changed from the 20 period. According to this setting there was never a Long-term sentiment change to bearish sentiment. The other panels I have changed to the 50 period moving average from the 20 period. The red line indicates where the market gapped higher and should be seen as an area of critical support that if broken indicates a resumption in the correction. Currently all time frames remain bullish. Click on image to enlarge.