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SPX Monthly Phase 2 confirmed. The average Monthly Phase 2 lasts 15.28 months, the projected high is 1437.3
Some other facts about a Monthly Phase 2:
Average # of Daily Cycles: 24.46
Average # of Weekly Cycles: 4.92
Average # of Monthly highs: 9.86
Average % of gain from the Monthly Cycle low: 44.83%
Daily opening/closing commentary, charts, and daily updates provided at my SPX Cycle facebook group.
Go to this message for details: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=70434050
SPX Cycles has moved to facebook.
If you would like to join my facebook group. Send an e-mail to northam43@yahoo.com Subject: "SPX Cycles" with your facebook name.
I will then send you a friend request and once confirmed I can then add you to my facebook SPX Cycle group.
Many have followed me over to facebook, it's free and I personally like the layout.
I hope everyone has a great 2012!
NASARAVI - I am posting all of my daily SPX Cycle reports at my facebook group. It is easier to post there and the discussions are easier to follow and I have more control over the operation of my board.
I'm sorry if this is an inconvenience for you.
Facebook is a free site and anyone that is seriously interested in SPX Cycles is more than welcome to join me. All they have to do is send me an e-mail with their facebook name to northam43@yahoo.com Subject: SPX Cycles, I will send them a friend request and once confirmed I can then add them to my facebook SPX Cycle group. It's a pretty easy process and it's free.
I will try and post updates here from time to time.
northam43:
How do I get to your SPXCycles page updates?
TIA.
Snoot - Thanks. The SPX Cycle Flow chart which I post on the facebook group board. Showed a projected 60 min Phase 2 & Daily Phase 2 for today. With that combination a strong upside would be expected.
With the new Daily Phase 2 confirmed today, hopefully the rally will continue tomorrow and get the Weekly back into Phase 2 territory.
Northram, nice call on that strong day up for today. (the Facebook message)
SPX Daily confirmed new Phase 2, the average Daily Phase 2 lasts 9.25 trading days, the projected high is 1267.03
Northam43:
I cannot....work place requirements do not permit it.
Thanks for inviting me. Maybe someday.
Northam43:
I cannot....work place requirements do not permit it.
Thanks for inviting me. Maybe someday.
As for narcissism being his problem, was told by some one else.
Will not mention name, because did not get his permission.
Trend1 - That's great. Those that are in the facebook group get the info before I post here. Also I post charts at the facebook site. It's so much easier.
I read your post on narcissism, and watched the video. It would seem your analysis is correct.
Just to let you know.
Getting your email up dates via FACEBOOK sign up AOK
SPX 60 min opened in a new Phase 2, the average 60 min Phase 2 lasts 8.8 trading hours, it has been over 9 cycles since the 60 min has had an average Phase 2, so we are well overdue for an average Phase 2. The 60 min projected high is 1243.47. The SPX Daily is now above the EMA 8 level, so the next stop is the UTL at the 1241.04 level, so it looks like the Daily is headed for a new Phase 2, if it confirms a Phase 2 today, the projected high will be 1274.35, if the Daily reaches it's projected high, it will take the Weekly back above the UTL and the Monthly EMA 3/8 will make a Bull crossing. So lets see what happens today.
NASARAVI - I hope you join my facebook group, it's a better environment over there.
northam43:
I use it as a directional indicator......sure helps though with many whipsaws that we have been having. Otherwise, you are shooting in the dark.
Keep up the good work!!!
Regards.
thx for your reply,still hard 4 me,i will try.posts like "Sold 100 SPXU at 14.75 " ezier 4 me to understand
Allen11 - It's no signal, it's a cycle. A Phase 1 is a Bear cycle and a Phase 2 is a Bull cycle. What gives it away is the projected low or projected high.
Low means going down and high means going up.
So Low = Bear and High = Bull
If you follow it long enough you will get the lingo.
Trend1 - Yes, I agree.
They are great as reference points.
Right now I don't see a potential buy until around January 9th. That is when all of my current Buy Blockers have expired.
northam43,thx for your posts,can u tell us its a bull or bear signal after your analisis?cuz im not good at terms u mentioned.thx again!!!!!!!
Of the last 100 60 min Phase 1 cycles, 42 of the cycle lows actually exceeded my projected low, meaning the price went lower than my projection.
24 of the cycle lows was less than 10 points above the low projection.
So 42 + 24 = 66
So that means 34 of my projections was off by more than 10 points.
So I guess I would be a good contrarian. Of course them 42 times that the market went lower. That could hurt! OUCH!!
northam
"The projected low is 1197.5 "
I know you said the low is not used in your BUYS and SELLS ,
but it is still very interesting.IMHO.
SPX 60 min Phase 1 confirmed during the last hour, the average 60 min Phase 1 lasts 7.6 trading hours. The projected low is 1197.5
Out of the last 100 cycles of 60 min Phase 1's, the closest I have come to the exact low price is within .10 of a point. Pretty lousy.
I'm glad that's not the objective of my system.
SPX 60 min opened in a new Phase 2, the projected high is 1237.55, it is currently in the 2nd hour, the average 60 min Phase 2 lasts 8.9 trading hours, it has now been over 8 cycles since the 60 min has had an average Phase 2, so the odds are getting higher that we will have one. The SPX Daily is now in the 3rd day of it's Phase 1, it is currently just below the LTL, if it closes above the LTL, that normally indicates that the cycle low has been put in and it is now starting to head for a Phase 2., a closing below the LTL indicates that more downside is likely and a new low is possible. The Weekly price is below the EMA 8 level, if it remains below the EMA 8 come the close on Friday, then the odds of a Weekly Phase 1 starting next week will be 50/50, the Monthly in Phase 1, is below the EMA 3 level but remains above the LTL, that is a bullish long term indicator to me, because normally in the 2nd Month of a Phase 1 the Monthly price would be below the LTL. As I have been writting this post, I have noticed the 60 min is now back down to the LTL, so the next hour the 60 min could be back into a new Phase 1, if that occurs the projected low will be around 1197.4, does that number sound familiar, the Daily projected low is 1198.19, so the Daily low is probably not in yet. The Daily low is normally established by the 4th trading day, that would be Friday.
Today ended with the SPX 60 min going into an extended Phase 1, the SPX Daily Phase 1 put in it's 2nd cycle low at 1209.47, tomorrow hopefully the 60 min will get back into Phase 2, the current projected high would be 1237.38, that would put the Daily above the LTL, which could indicate the Daily would then be headed for the UTL, the next Daily Phase 2 current projection is at 1274.35, above the 1264.75 level is Bull market territory.
End of the day charts have been posted at my SPX Cycles facebook group.
contrarian indicator
ha ha ha ha...
New 60 min low at 1209.47, that's the 5th low in the 8th hour. Now the 60 min is extended in price & duration. We are waiting on the Daily.
Great trade, Congrats!
Sold 100 SPXU at 14.75
stop loss raised to 14.75
The joke of the day:
This was posted on another board December 12th, seems the contrarian indicator made the better call.
"I look for near 100 points up from today's low at 1227.25. I just confirmed the up move with my contrarian indicator whose last call today was for 1198."
TNA support at 39 for now
Yesterday the TNA 41 Calls were selling for $2 so that would be targeted support. Really needed to have gotten those covered calls sold yesterday and all would be good here lol.
bbgold - Just remember the Daily & 60 min went into Phase 1 at the close yesterday together. That would normally result in a 60 min extended Phase 1. If we get a short cycle that would be a bullish sign.
Great strategy
I forgot to check the Buy Blockers yesterday and picked up some TNA at the then lod. Wanted to sell some covered calls eod but had to leave. I think we do indeed get the 60min cycle coming up pretty soon and TNA again near the lod but I am not going to add to my position.
Good Trading!
SPX Cycle Active Buy Blockers: Daily, Weekly & Monthly. The 60 min has just expired, the Daily will expire at the close today unless it hits the UTL before then. The Weekly & Monthly both expire at the end of the month. So what this means is, I don't buy long for the time being. If we get a large upside move which would put the Daily in an OB situation, I will protect some of the gains using SPXU.
I have raised the SPXU stop loss to 14.65, the SPXU EMA 3 level is now at 14.70, so I have placed it just below that so hopefully not to get a premature sell.
At the open this morning both the SPX 60 min & Daily went to new cycle lows. I have put a stop loss at 14.55 which is at the SPXU EMA 3 level, this is on my SPXU 14.22 position. As the SPXU EMA 3 rises I will make adjustments to the stop loss accordingly. So bottom line that position will eventually be profitable.
northam43
I have new FACEBOOK with just my name and no personal info
here is email
trendtrend2012@gmail?.com
PLease delete my other address.
Why ?
So others will not see my private info
northam
Have created a new email, but having trouble with creating a new FACEBOOK using the new email .
Will continue working on it later.
Trend1 - Are you talking about changing your facebook name? or are you talking about creating a facebook group for yourself?
If your talking about changing your facebook name, then yes maybe a new e-mail would be the way to go, I'm not sure, haven't tried to do that.
If your talking about creating a group on facebook, you don't have to get a new e-mail. When you creat a facebook group, they give you an e-mail address for that group. Like my group's e-mail address is spxcycles@groups.facebook.com
However, you have to be a member of the group to be able to e-mail the group, I believe.
Anyway, I hope I answered your question.
As for the other thing: Facebook is a FREE site. That's the difference. Of course wonder how many of those 8 are paying members. Yes, they may have more interest at facebook.
northam
Am thinking about a new email address and creating a FACEBOOK
based on the new email address.
Do you see any problems with doing it that way ?
northam
POKERSAM has had the PIT for 7 years and was up to 8 members.
Maybe he should try FACEBOOK too.
Trend1 - gottcha. Just for the record because I have nothing to hide, there are now 8 members in the Facebook SPX Cycles group and one that I am waiting for confirmation.
Talking about the PIT
You know you that is !!!
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SPX Cycles has moved to facebook. If you would like to join my facebook group go to www.facebook.com and create an account it's FREE.
Then search for "SPX Cycles" and press the request to join button. We will confirm your request during the next trading day.
Please remember that everything that I say or imply on this board is not meant to be used in any way for trades with real money, you should either consult with your financial professional or do your own research before trading with real money.
Thank you for your interest in SPX Cycles.
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