as most of you know well, over the years, HA SP2 has been a very effective tool of picking tops & bottoms (specially bottoms).
Current reading is ~89 which says SPX is very overbought
now, tops take time to form, and we *could* be near a trend reversal but it is too hard to tell this second....... bottoming is much easier
so stay tuned and we will keep an eye on both SPX & HA SP2