Wednesday, May 17, 2017 11:11:48 AM
SPX Cycles Opening Report. Bull Gap 62.42 (OB)
The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition.
The SPX 60 min today at the close of the 1st hour confirmed a 60-1 (due 5/26/17) the projected low range of 2387.45 to 2379.39, has been exceeded. A 60-1 low could be in. However, the SPX 60 min is currently in 60-E-1 (overdue) territory, if the 60-E-1 is confirmed today at the close of the 3rd hour, the projected low range will be 2365.05 to 2347.29, a 60-E-1 low will be due by today at the 7th hour. Keep in mind that the 60-SC-1 has been overdue since 5/10/17.
The SPX Daily is currently in an unconfirmed D-S-1 (due 6/12/17) if the D-S-1 is confirmed today at the close the projected low range will be 2371.02 to 2345.24, a D-S-1 low will be due by today. Keep in mind that a D-1 is due 5/22/17.
The SPX Weekly W-SC-2 high could be in. The current high is 2404.05. The projected high range is 2373.94 to 2538.65. The SPX Weekly is currently below it’s UTL, if the Weekly closes on Friday below it’s UTL, we could have a potential W-S-1(overdue) confirmation at the end of next week.
The SPX Monthly M-2 high could be in. The current high is 2404.05. However the SPX Monthly is currently in M-E-2 (due 1/1/18) territory with a projected high range of 2266.45 to 3194.90, the M-E-2 is currently expected to be confirmed at the close of 7/31/17 with a high due by 10/31/19
The SPX Cycles Bull-E-2 high is due 5/31/19, the projected high range is 2477.97 to 3421.98
SPX Cycles Indicator’s Report. The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition. The SPX Daily, Weekly & Monthly are currently in an OB condition. The SPX 60 min is currently in an OS condition.
SPX Cycles Overdue & Future Phases Report. Today a 60-S-2 is due. The next phase(s) due is a D-1 due 5/22/17. There are currently 11 overdue phases, 2 of them are currently confirmed, 1 of them is currently in an unconfirmed status, 6 of them are P1’s (1 of them is currently in an unconfirmed status), 5 of them are P2’s (2 of them is currently confirmed).
The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition.
The SPX 60 min today at the close of the 1st hour confirmed a 60-1 (due 5/26/17) the projected low range of 2387.45 to 2379.39, has been exceeded. A 60-1 low could be in. However, the SPX 60 min is currently in 60-E-1 (overdue) territory, if the 60-E-1 is confirmed today at the close of the 3rd hour, the projected low range will be 2365.05 to 2347.29, a 60-E-1 low will be due by today at the 7th hour. Keep in mind that the 60-SC-1 has been overdue since 5/10/17.
The SPX Daily is currently in an unconfirmed D-S-1 (due 6/12/17) if the D-S-1 is confirmed today at the close the projected low range will be 2371.02 to 2345.24, a D-S-1 low will be due by today. Keep in mind that a D-1 is due 5/22/17.
The SPX Weekly W-SC-2 high could be in. The current high is 2404.05. The projected high range is 2373.94 to 2538.65. The SPX Weekly is currently below it’s UTL, if the Weekly closes on Friday below it’s UTL, we could have a potential W-S-1(overdue) confirmation at the end of next week.
The SPX Monthly M-2 high could be in. The current high is 2404.05. However the SPX Monthly is currently in M-E-2 (due 1/1/18) territory with a projected high range of 2266.45 to 3194.90, the M-E-2 is currently expected to be confirmed at the close of 7/31/17 with a high due by 10/31/19
The SPX Cycles Bull-E-2 high is due 5/31/19, the projected high range is 2477.97 to 3421.98
SPX Cycles Indicator’s Report. The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition. The SPX Daily, Weekly & Monthly are currently in an OB condition. The SPX 60 min is currently in an OS condition.
SPX Cycles Overdue & Future Phases Report. Today a 60-S-2 is due. The next phase(s) due is a D-1 due 5/22/17. There are currently 11 overdue phases, 2 of them are currently confirmed, 1 of them is currently in an unconfirmed status, 6 of them are P1’s (1 of them is currently in an unconfirmed status), 5 of them are P2’s (2 of them is currently confirmed).
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
