Monday, September 22, 2014 4:16:50 PM
SPX Cycles End of Day Reports:
The SPX 60 min confirmed an extended P1 with a projected low of 1977.88. The SPX Daily closed below it's UTL. The SPX 60 min extended P1 completed it's 7TH trading hour, the SPX Daily average P2 completed it's 5TH trading day, the SPX Weekly average P2 opened in it's 7TH week, the SPX Monthly extended P2 continues in it's 33RD month, and the SPX Cycles Bull market continues in it's 33RD month, with a current SPX Monthly EMA 3/8 bull gap of 55.67. The SPX Closed at 1994.29, SPX Cycles is currently 0.00% long and 35.39% short.
Tomorrow 3RD hour, a SPX 60 min extended P1 low will be due, the projected low is 1977.88, also since the SPX Daily closed below it's UTL, a SPX Daily short P1 is likely with a current projected low of 1985.41.
If the SPX Daily confirms a average P1 the current projected low will be 1960.43. If the SPX 60 min extended P1 continues to the closing hour, it will confirm a 60 min P1 Super Cycle, and a SPXL buy signal and SPXS sell signal will be triggered. If a Daily average P1 is confirmed, the SPXL buy will be placed on hold.
The SPX 60 min confirmed an extended P1 with a projected low of 1977.88. The SPX Daily closed below it's UTL. The SPX 60 min extended P1 completed it's 7TH trading hour, the SPX Daily average P2 completed it's 5TH trading day, the SPX Weekly average P2 opened in it's 7TH week, the SPX Monthly extended P2 continues in it's 33RD month, and the SPX Cycles Bull market continues in it's 33RD month, with a current SPX Monthly EMA 3/8 bull gap of 55.67. The SPX Closed at 1994.29, SPX Cycles is currently 0.00% long and 35.39% short.
Tomorrow 3RD hour, a SPX 60 min extended P1 low will be due, the projected low is 1977.88, also since the SPX Daily closed below it's UTL, a SPX Daily short P1 is likely with a current projected low of 1985.41.
If the SPX Daily confirms a average P1 the current projected low will be 1960.43. If the SPX 60 min extended P1 continues to the closing hour, it will confirm a 60 min P1 Super Cycle, and a SPXL buy signal and SPXS sell signal will be triggered. If a Daily average P1 is confirmed, the SPXL buy will be placed on hold.
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