SPX Cycles Update & Closing Report: Bull Gap 63.80 (EXTREME)
The SPX Cycles Bull Market has been upgraded from OB condition to an EXTREME OB condition.
The SPX put in a new ALL TIME RECORD HIGH at 2508.32
The SPX 60 min today at the close of the 1st hour confirmed a 60-E-2 (due 9/20/17) the projected high range is 2533.24 to 2551.97, a 60-E-2 high is due tomorrow at the 3rd hour. The SPX 60 min closed below it’s UTL, so tomorrow there is a possibility of a 60-S-1 getting confirmed at the close of the 1st hour with a projected low range of 2497.03 to 2492.02.
The SPX Daily D-E-2 continues in it’s 13th day, the projected high range is 2521.58 to 2602.01, a D-E-2 high is due by 9/25/17
Possible SPX Cycles Buy Signal(s) for Tuesday: None
SPX Cycles Buy’s Today: None
Possible SPX Cycles Sell Signal(s) for Tuesday: If the 60-SC-2 is confirmed tomorrow at the opening of the 7th hour, a SPXL sell signal will be activated, however, SPX Cycles currently has no SPXL position.
SPX Cycles Sell’s Today: None
SPX Cycles Portfolio: 0% Long (SPXL), 19.47% Short (SPXS, SPXU), 80.53% Cash
Closing SPX Cycles Indicator’s Report: The SPX Cycles Bull Market has been upgraded from an OB condition to an EXTREME OB condition. The SPX Daily is currently in an EXTREME OB condition. The SPX 60 min, Weekly & Monthly is currently in an OB condition.
Closing SPX Cycles Overdue & Future Phases Report: Tomorrow a 60-1 is due. The next phase(s) due is a 60-S-1 & 60-E-2 (currently in progress) due 9/20/17. There are currently 15 overdue phases, 2 of them are currently confirmed, 7 of them are P1’s, 8 of them are P2’s (2 of them are currently confirmed).
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