Northam's Market Analysis:
So right now the longest confirmed signal is the SPX Weekly W-E-2 with a projected high range of 2314.03 to 2474.99 due 3/10/17, the SPX Monthly M-2 projected high range is 2264.44 to 2764.98, with a high due 2/28/17, so we have reached the M-2 projected range, however it's not likely that the projected high will be reached by the due date. The SPX Cycles Bull-2 projected high range is 2266.44 to 2882.72, with a high due 1/31/17. The Bull-2 projected high range has been reached, the projected high of 2882.72, will obviously not be reached by the due date. Both the Monthly & SPX Cycles Bull market are currently in unconfirmed extended phases. The Bull-E-2 is currently expected to be confirmed at the close on 3/31/17 with a projected high range of 2493.37 to 3626.18. So that would lead me to expect the W-E-2 should reach it's projected range and could actually be on the high side of it's range by the due date of 3/10/17. I would expect that the SPX will likely reach the W-E-2 projected high range by the end of this month, based on the current 60 min/Daily P2 projected highs. Then during Feb I would expect to see a Daily correction of the D-1/D-E-1 magnitude followed by a Weekly high in March and Bull-E-2 confirmation, and then in April a Weekly correction of the W-S-1 magnitude followed by all time highs as the Bull-E-2 is projected to continue to May 2019 at this time. Anyway that's what I am seeing right now.
