The SPX Weekly closed below it’s UTL. So Monday morning at the open the SPX Weekly could open in an unconfirmed W-S-1 (overdue) with a projected low range of 2377.65 to 2337.83
Closing SPX Cycles Indicator’s Report. The SPX Cycles Bull Market remains in an OB condition. The SPX Weekly & Monthly are currently in an OB condition.
Closing SPX Cycles Overdue & Future Phases Report. Monday there are no phase changes due. The next phase(s) due is a 60-S-1 due 7/11/17. There are currently 15 overdue phases.
There will be no reports next week, as I will be taking some time off. I will update and post all reports the evening of 7/16/17. So if the SPX opens Monday below 2426.01 and remains below that level the entire week a W-S-1 will then be confirmed. If the W-S-1 gets confirmed next week the D-E-1 (overdue) will also likely be confirmed at the close on Thursday.
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