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Re: GLENO34 post# 18487

Friday, 09/15/2017 3:48:06 PM

Friday, September 15, 2017 3:48:06 PM

Post# of 41142
The Daily & Weekly P2's are now projecting over 2600, it's been over a year since the SPX has had a D-SC-1 (which there is an average of 1.58 per year), the current projected low range is 2353.72 to 2232.26. A D-SC-1 normally lasts about 16 trading days and normally puts in a low around the 12th trading day. The SPX Monthly is overdue for a trip down to it's UTL currently at 2395.62. With 3 out of 4 Daily P1's overdue and the 4th one due 10/27/17, I expect we should see good drop before the end of October.

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