Friday, August 11, 2017 1:14:44 PM
SPX Cycles Update. Bull Gap 56.97 (OB)
I will bring you up to date while I was gone.
The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition.
The SPX 60 min yesterday at the close of the 5th hour confirmed a 60-S-1 (overdue) the projected low range is 2428.38 to 2399.82, a 60-SC-1 low could be in.
The SPX Daily is currently in an unconfirmed D-1 (due 8/30/17) if confirmed today at the close the projected low range will be 2450.66 to 2423.34, a D-1 low could be in.
SPX Cycles Indicator’s Report. The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition. The SPX Weekly & Monthly are currently in an OB condition.
SPX Cycles Overdue & Future Phases Report. Today there are no phase changes due. The next phase(s) due is a 60-E-2 due 8/13/17. There are currently 18 overdue phases, 4 of them are currently confirmed, 9 of them are P1’s (3 of them are currently confirmed), 9 of them are P2’s (1 of them is currently confirmed).
Today I bought SPXL, 200 shares at 34.99. This is due to the 60-SC-1 confirmation. I will hold this position until a 60-SC-2 (overdue) is confirmed.
I will bring you up to date while I was gone.
The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition.
The SPX 60 min yesterday at the close of the 5th hour confirmed a 60-S-1 (overdue) the projected low range is 2428.38 to 2399.82, a 60-SC-1 low could be in.
The SPX Daily is currently in an unconfirmed D-1 (due 8/30/17) if confirmed today at the close the projected low range will be 2450.66 to 2423.34, a D-1 low could be in.
SPX Cycles Indicator’s Report. The SPX Cycles Bull Market has been downgraded from an EXTREME OB condition to an OB condition. The SPX Weekly & Monthly are currently in an OB condition.
SPX Cycles Overdue & Future Phases Report. Today there are no phase changes due. The next phase(s) due is a 60-E-2 due 8/13/17. There are currently 18 overdue phases, 4 of them are currently confirmed, 9 of them are P1’s (3 of them are currently confirmed), 9 of them are P2’s (1 of them is currently confirmed).
Today I bought SPXL, 200 shares at 34.99. This is due to the 60-SC-1 confirmation. I will hold this position until a 60-SC-2 (overdue) is confirmed.
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