Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The SPX continued to make all time highs. With the Bull gap at around 79.43 I decided to sell off a SPXL position, I will be looking at buying this position back during the next 60 min P1. In the closing hour some weakness on the 60 min. There is currently an 11 point gap between the 60 min LTL and Daily UTL, so the next 60 min P1 will likely keep the Daily in P2, then the next 60 min P2 could take the SPX to the Weekly extended P2 projected high of 1827.61 due the week of Jan 6th.
Sold, SPXL, 100 shares at 61.11
The SPX once again has made an all time high. The next 60 min P1 is due Tuesday, with a 60 min low projected for Thursday, the current projected low is 1800.6
Morning Report:
This morning a 60 min high is due, the current Bull gap is around 74.12, I posted an updated chart of the Daily at the SPX Cycles Website, the Daily EMA 3 has crossed above the UTL, if that holds to the closing, the Daily will confirm a projected extended P2, if the Daily confirms an extended P2, the average Daily extended P2 lasts 19.05 trading days, the extended Daily high is normally put in by the 16.62 trading day, the extended Daily projected high will be 1861.43
All morning reports have been updated at the SPX Cycles Website. See the yellow sticky at the top of this board for info.
Closing Bell Report:
What a day a day makes! The Daily confirmed an average P2, the projected high is 1832.73 by Dec 27th. The 60 min confirmed an extended P2. Tomorrow morning a 60 min high is due, the projected high has been exceeded. Since the 60 min is in an extended P2 the next 60 min P1 is not due until Tuesday.
All reports have been updated and posted to the SPX Cycles Website.
The SPX Daily confirmed a Phase 2, the projected high is 1832.73 by Dec 27th
I have consolidated the SPX Cycle reports at this website.
ID: spxcycles
password: stock
http://northamlindyjr.com/SPXCycles/SPXCycleReports/SpxCycleReportsWebpage.html
Today was back and forth with the 60 min cycles. The 60 min confirmed an average P1 at the close, tomorrow a 60 min low is due, the projected low is 1764.6, tomorrow afternoon a 60 min P2 is due, then on Thursday a projected 60 min high, the current projected high is 1802.16, if reached a Daily P2 will be confirmed.
I have consolidated the SPX Cycle reports at this website.
ID: spxcycles
password: stock
http://northamlindyjr.com/SPXCycles/SPXCycleReports/SpxCycleReportsWebpage.html
I have consolidated the SPX Cycle reports at this website.
ID: spxcycles
password: stock
http://northamlindyjr.com/SPXCycles/SPXCycleReports/SpxCycleReportsWebpage.html
SPX 60 min average P1 is confirmed. The average 60 min P1 lasts 6.27 trading hours, the projected low is 1771.5, in the next hour it will likely confirm an extended 60 min P1 because the 60 min EMA 3 has now dropped below the 60 min LTL. A 60 min extended P1 average is 18.86 trading hours trading hours, a low is normally established by the 11.29 trading hour, the projected low for an extended 60 min P1 will be 1753.53
Closing Bell Reports:
At the close the SPX 60 min P2 was on the MACD zero line. So in the morning an extended 60 min P2 may be confirmed. An extended average 60 min P2 lasts 18.86 hrs, the high is normally put in by the 4.24 hour, so the 60 min high of 1792.22 is likely the 60 min high, if the 60 min confirms an extended P2, the P2 will likely continue all day tomorrow, if the extended 60 min P2 is not confirmed, then a 60 min P1 will be due in the morning, and a 60 min low projected for tomorrow afternoon, the current projected low is 1771.5, if reached that will be a new Daily low, on Thursday a Daily P2 is due, unless the Daily confirms an extended P1, for that to happen the Daily MACD needs to fall below the zero line, it is currently 4.97 above the zero line. I'm thinking the Daily may get another short P2 and then take the Weekly into P1 next week. With the Weekly P2 in it's 15th week & the Monthly P2 in it's 24th month, I just don't see much upside. So I will be selling any profitable SPXL during the next Daily P2.
I have consolidated the SPX Cycle reports at this website.
ID: spxcycles
password: stock
http://northamlindyjr.com/SPXCycles/SPXCycleReports/SpxCycleReportsWebpage.html
Morning Reports:
The Weekly extended P2 continues in it's 15th week, the high for an extended Weekly P2 is normally put in within 16.57 weeks, so if a Daily P2 gets confirmed this week we could see another Weekly high in a couple weeks. Today a Daily low is due, the projected low is 1751.97, doesn't look like that will be reached. This morning at the open a 60 min average P2 was confirmed, a 60 min high is due this morning, the projected high is 1793.26, then tomorrow morning a 60 min P1 is due, and tomorrow afternoon a 60 min low is projected, the current projected low is 1771.5
Closing Bell Reports:
The SPX Weekly closed below it's UTL. So Monday morning the Weekly could open in an Unconfirmed P1, also Monday I will still be looking for a 60 min P2 that could negate the Weekly P1, also Monday a Daily low is due, the projected low is 1751.97, this could put the Weekly deep into P1 territory, also next week a Daily P2 is currently projected to start on Thursday, this also could negate a Weekly P1. So next week could go either way, there is no current clear long term direction. If you look at the closing bell chart, look at the Weekly & Monthly MACD's, they are at historical highs, the only way to bring the MACD down is for the market to slow down. So I expect the volatility to continue over the next couple months, which will likely result in longer P1's and shorter P2's at the 60 min & Daily time frames. During this vol-ital period I expect to go in and out of SPXL short term, and will be trying to improve my SPXU positions which I am expecting to be profitable next year during the Weekly & Monthly corrections.
Morning Reports:
Took a lot to get the report up to date this morning. Like I said in a previous post we have added the short & extended data to the SPX Cycles System, so as the Phases change through short, average, extended, we should get a better read on the duration of the Phases. Currently the 60 min P2 is overdue, the current Daily short P1, is likely to change to an average P1 at the close, so a 60 min P2 will probably not happen today or even tomorrow, tomorrow a Daily low is due, the projected low is 1751.97, if that is reached, that could put the Weekly in an Unconfirmed P1 on Monday, so we currently have the potential for a Weekly P1 starting next week.
Closing Bell Reports:
Big day! The SPX Daily confirmed a short P1, good chance it will change to an average Daily P1 tomorrow, also tomorrow I will be looking for a 60 P2, on Friday a 60 min high is projected, the current projected high is 1801.01, the Daily UTL is currently at 1803.63, so right now if the 60 min were to reach it's projected high, the Daily would likely remain in P1, so this has possibilities of turning into an extended Daily P1, if that happens, we could see a Weekly P1 as early as next week. Right now the SPX is only 4.94 points above the Weekly UTL. So tomorrow we could see a lot more changes in the long term projections.
Morning Reports:
Lots of changes on the flow chart this morning. The SPX Daily opened in an Unconfirmed P1 and the 60 min confirmed an extended P1,with a projected low of 1787.9 so the Daily is likely to confirm at this point a short P1 at the close, that means the Daily P1 may last only a couple days, then a Daily P2 is projected for Friday. the current Daily projected high is 1855.1
Closing Bell Reports:
The SPX Daily confirmed an extended P2 at the close, so the next Daily P1 is currently projected for Jan 6th. Tomorrow a 60 min P1 is due during the 5th trading hour, that could put the Daily back into an average P2, then Wednesday a 60 min low is projected, the current projected low is 1790.8, if reached, that will put the Daily below it's LTL, which then opens the possibility for a Daily P1 on Thursday, however, with a 60 min P2 projected for Wednesday afternoon, the Daily P2 will likely continue. The Weekly extended P2 is now in it's 14th week, the average Weekly extended P2 lasts 18.79 weeks, so the next Weekly P1 is currently projected for the week of Jan 24th, with a Weekly low projected for the week of Feb 14th, then March a possibility for a Monthly P1, with a Monthly low projected for Jun.
Morning Reports:
This morning a 60 min high is due, also this morning a 60 min P1 is due, then this afternoon a 60 min low is projected, the current projected low is 1790.8, if reached that will put the Daily below it's LTL, which opens a possibility for a Daily P1 tomorrow, On the upside, tomorrow a Daily high is due, the projected high is 1842.76, with the 60 min P2 extending today, I am leaning more to the down side scenario.
Closing Bell Reports:
Monday morning a 60 min high is due (that will likely be delayed since the 60 min is in an extended P2), also Monday morning a 60 min P1 will be due and Monday afternoon a 60 min low is projected, the current projected low is 1785.4, if that low is reached that will put the Daily below it's LTL, so the Daily will likely be back into P1 on Tuesday. The Weekly P1 has been now moved to the week of Dec 20th, because if the Daily does go back into P1, the projected low is currently at 1746.13, which puts the Weekly below it's UTL, that opens the door for a possible Weekly P1. With the Weekly low now projected for the week of Jan 10th, the Weekly will likely be in a P2 in Feb, so the Monthly P1 has been moved to March, with a Monthly low projected for June. I still don't see this developing into a Bear market next year.
Morning Reports:
Job report was good. Ya right! The SPX 60 min confirmed an average P2 and the Daily confirmed an average P2. Monday morning a 60 min high is due the projected high is 1804.39, also Monday morning a 60 min P1 is due and then Monday afternoon a 60 min low is projected, the current projected low is 1781.7.
Closing Bell Reports:
The SPX 60 min P1 extended closed in it's 7th hour, the average extended 60 min P1 is 14.51 trading hours, the Daily P1 remains short, however it has exceeded the short average of 2.37 trading days, and is getting close to a projected average P1, which averages 5.52 trading days, with the Daily MACD well above the zero line, I doubt the Daily P1 will go into extended, so the Daily bottom is likely to be between 1770-1776, which is the Weekly UTL & the current 60 min P1 projected low. Tomorrow the extended 60 min P1 will likely continue, also a Daily low is due, and a 60 min P2 will be overdue. I will be looking to add SPXL and sell profitable SPXU posiitons. The high of the year is likely in. I will be looking for a Weekly P1 before the SPX makes new all time highs. I will be looking for a Monthly P1 before the SPX reaches 1900.
Correction: 60 min P1 confirmed an average P1 at the end of the opening hour this morning, at the end of this hour it may confirm a projected extended P1, which means this P1 is likely to last more than 7 trading hours, the average for a 60 min P1 extended is 14.5 hours
Morning Reports:
This morning at the end of the opening hour the 60 min confirmed a short P1, that means it is currently expected to last less than 6 trading hours, the Daily EMA 3 is just above the Daily LTL, it is getting real close to an average projection which will mean the Daily P1 is likely to last at least 6 trading days, the Daily P1 is currently in it's 3rd trading day. A 60 min low is due this afternoon, the projected low is 1775.7, a 60 min P2 is due during the closing hour, tomorrow a Daily low is due, the projected low is 1753.64, I will be looking at adding SPXL & selling SPXU
Update: The 60 min EMA 3 is now below the 60 min LTL, so an average 60 min P1 may be confirmed at the end of this hour. That will mean that the 60 min P1 is likely to last 6 trading hours or more.
Closing Bell Reports:
The SPX 60 min confirmed a short P2 during the closing hour. That means the 60 min P2 is not currently expected to last more than 8 trading hours, it could very well end at the open in the morning. Right now Friday morning a 60 min high is due, the projected high is 1800.10, also Friday morning a 60 min P1 is due, Friday afternoon a 60 min low is projected also a Daily low is due, the projected low is 1753.64, I will be looking to add SPXL and selling SPXU
SPX 60 min confirmed an average P1. The average 60 min P1 lasts 6.4 trading hours, the projected low 1778.8. The 60 min EMA 3 is just above the 60 min LTL. So the next hour could confirm an extended 60 min P1
An extended 60 min P1 average is 14.5 trading hours. That would very likely take the 60 min to it's projected low and change the Daily P1 from short to average
Morning Reports:
This morning the SPX 60 min confirmed a short P2, the SPX Daily remains in a short P1. So I will hold SPXL and wait for a Daily P2. I will look at selling profitable SPXU positions during this Daily P1, but I still must consider the extended Weekly & Monthly P2's, which I expect will continue in the short term.
Closing Bell Reports:
Finally the Daily confirmed a P1, it's currently projected to be a short P1, the average short Daily P1 lasts 5.39 trading day, the 60 min P1 is extended, the average 60 min extended P1 lasts 14.51 trading hours, it closed in it's 9th trading hour, so a good chance for a 60 min P2 tomorrow, and a 60 min high would then be projected for Thursday, the current projected high is 1808.83, if that is reached, the Daily will confirm a new P2, with a Daily high currently projected at 1851.52, so it looks like things are picking up and I might get a few trades in before the end of the year.
Morning Reports:
This morning the SPX 60 min P1 is projected to extend, and the Daily opened in an unconfirmed P1. This afternoon a 60 min low is due, the projected low is 1789.3, this afternoon a 60 min P2 is due, currently the 60 min UTL is at 1804.91, so until the 60 min UTL falls below the Daily UTL, if the 60 min confirms a P2, the Daily will likely remain in P2 for another day. So today will be pretty interesting and the Daily P1 confirmation could be very close.
Closing Bell Reports:
The SPX closed below the Daily UTL. Tomorrow morning the Daily is likely to open in an Unconfirmed P1, tomorrow morning a 60 min low is due, the projected low is 1789.3, then tomorrow afternoon a 60 min P2 is due, if the SPX gets to 1802 by the close the Daily could remain in P2, then Wednesday afternoon a 60 min high is projected, the current projected high is 1819.58, if reached that will put the Daily in a new P2, which could take the SPX to 1850
Morning Reports:
This morning a 60 min Phase 1 confirmed. The 60 min P1 is currently projected to be short. This afternoon a 60 min low is due, the projected low is 1792.8, then during the closing hour a 60 min Phase 2 is due, if the 60 min reaches it's low, that will put the Daily below it's UTL, that will open a slight possibility for a Daily Phase 1 tomorrow. The SPX Weekly P2 is now extended by 2 weeks, the Monthly P2 is now extended by 9 months and the SPX Cycles Bull market is now extended by 3 months.
Murray - Those are just projected highs/lows that were met or exceeded (that was easy to calculate), I didn't check to see if they were within my projected time frame (that would have required a bit of time for me to get that info). I would imagine the % would be less using the projected time.
Excellent work, thanks northam43. Are those targets met within the time expected?
Murray - My 60 min Phase 1 targets are reached or exceeded 33% of the time and my 60 min Phase 2 targets are reached or exceeded 37% of the time.
My Daily Phase 1 targets are hit 31%, Daily Phase 2 42%
Weekly Phase 1 30%, Weekly Phase 2 55%
Monthly Phase 1 & Phase 2 are at 50%
Hi northam43, have you ever calculated the percentage of time the market reaches your 60 min projected targets and does so within the time frame you expect it to?
Morning Reports:
Again the SPX continues to make new all time highs. The SPX 60 min is now projecting an extended P2, however, this is subject to change, the SPX Monthly EMA 3/8 Bull gap is now at 80.08, this is crash territory, the SPX has never closed above 80. Today the 60 min is projected to be in P2 all day, this is a short trading day, Monday morning a 60 min high is due, the projected high is 1825.76, also Monday morning a 60 min P1 is due, and Monday by the close a 60 min low is projected the current projected low is 1792.8, if that is reached, that puts the Daily below it's UTL and opens a possibility of a Daily P1 on Tuesday.
Closing Bell Reports:
What? No new high today! The SPX 60 min went from P2 to P1 to P2. It' now been 14, 60 min cycles since a Daily P1. Tomorrow the market is closed for Thanksgiving Day. I hope everyone has a great Thanksgiving Day. Friday is a short day for the market, the 60 min P2 is projected to continue all day. Then Monday morning a 60 min high is due, the projected high is 1825.76, also Monday morning a 60 min Phase 1 is due, with a 60 min low projected Monday afternoon, the current projected low is 1786.9, that would be another chance for a Daily P1 on Tuesday.
Morning Reports:
The SPX 60 min remains in Phase 2, all other time frames are in extended Phase 2's. A 60 min high is due by the 4th hour today, the projected high is 1821.89, the 60 min Phase 2 projection remains "Average". This afternoon a 60 min Phase 1 is due, tomorrow the markets are closed for Thanksgiving Day. I wish everyone a great Thanksgiving Day. Friday will be a short trading day. A 60 min low is currently projected for Friday morning, with a current projected low of 1787.6, if the SPX opens Friday morning below 1798, a Daily Phase 1 could be confirmed on that short trading day. If it looks like a Daily Phase 1 will be confirmed, I will be looking to add SPXL during the last hour of trading Friday, if the initial projection is for a short Phase 1.
Closing Bell Reports:
The SPX continues to make all time highs. All time frames except the 60 min are in extended Phase 2's. Tomorrow morning a 60 min high is due, the projected high is 1821.89, then tomorrow afternoon a 60 min Phase 1 is due, a 60 min low is projected for Friday morning, the current projected low is 1787.6, if the SPX on Friday opens below 1796, the Daily could confirm a Phase 1 on what will be a short market day.
Morning Reports:
This morning all time frames continue to extend in Phase 2. It looks like the 60 min may confirm a Phase 1 this hour, if a 60 min Phase 1 is confirmed a low could be put in by the close, the current projected low is 1787.3, if reached that could put the Daily below it's UTL, but at this point it's a very slight possibility that a Daily Phase 1 is confirmed tomorrow.
Followers
|
26
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
2930
|
Created
|
11/02/10
|
Type
|
Free
|
Moderators |
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.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |