S WAVE CHARTS

[northam43]

Snoot, the SPX Daily has been OB for awhile. Looks like today we may finally get that OB condition resolved. I'm expecting SPX ALL TIME HIGHS to once again kick in during November. Right now I have a large 60 min upside phase that has been overdue since 9/2/16 with a current projected high range of 290.43 to 2210.70 and also a large Daily upside phase that has been overdue since 8/30/16 with a current projected high range of 2238.63 to 2298.02. So I expect once this consolidation period is over and the Daily OB has been resolved, the next leg up will likely commence the 1st part of November.