Thursday, May 18, 2017 10:35:21 AM
SPX Cycles Opening Report. Bull Gap 59.17 (OB)
The SPX 60 min 60-E-1 continues. The projected low range is 2365.05 to 2347.29, a 60-E-1 low could be in. However, if the 60-E-1 continues today to the close of the 4th hour a 60-SC-1 (overdue) will be confirmed, if the 60-SC-1 is confirmed the projected low range will be 2338.94 to 2309.29, a 60-SC-1 low will be due by tomorrow at the 2nd hour.
The SPX Daily is currently in an unconfirmed D-1 (due 5/22/17) if the D-1 is confirmed tomorrow at the close the projected low range will be 2365.56 to 2340.54, a D-1 low will be due by today.
The SPX Weekly W-SC-2 high could be in. The current high is 2405.77. The projected high range is 2373.94 to 2538.65. The SPX Weekly is currently below it’s UTL, if the Weekly closes on Friday below it’s UTL, we could have a potential W-S-1(overdue) confirmation at the end of next week.
The SPX Monthly M-2 high could be in. The current high is 2405.77. However the SPX Monthly is currently in M-E-2 (due 1/1/18) territory with a projected high range of 2266.45 to 3194.90, the M-E-2 is currently expected to be confirmed at the close of 7/31/17 with a high due by 10/31/19
The SPX Cycles Bull-E-2 high is due 5/31/19, the projected high range is 2477.97 to 3421.98
SPX Cycles Indicator’s Report. The SPX Cycles Bull Market remains in an OB condition. The SPX Weekly & Monthly are currently in an OB condition. The SPX 60 min is currently in an OS condition.
SPX Cycles Overdue & Future Phases Report. Today there are no phase changes due. The next phase(s) due is a D-1 (could be in progress) due 5/22/17. There are currently 12 overdue phases, 3 of them are currently confirmed, 6 of them are P1’s (1 of them is currently confirmed), 6 of them are P2’s (2 of them are currently confirmed).
The SPX 60 min 60-E-1 continues. The projected low range is 2365.05 to 2347.29, a 60-E-1 low could be in. However, if the 60-E-1 continues today to the close of the 4th hour a 60-SC-1 (overdue) will be confirmed, if the 60-SC-1 is confirmed the projected low range will be 2338.94 to 2309.29, a 60-SC-1 low will be due by tomorrow at the 2nd hour.
The SPX Daily is currently in an unconfirmed D-1 (due 5/22/17) if the D-1 is confirmed tomorrow at the close the projected low range will be 2365.56 to 2340.54, a D-1 low will be due by today.
The SPX Weekly W-SC-2 high could be in. The current high is 2405.77. The projected high range is 2373.94 to 2538.65. The SPX Weekly is currently below it’s UTL, if the Weekly closes on Friday below it’s UTL, we could have a potential W-S-1(overdue) confirmation at the end of next week.
The SPX Monthly M-2 high could be in. The current high is 2405.77. However the SPX Monthly is currently in M-E-2 (due 1/1/18) territory with a projected high range of 2266.45 to 3194.90, the M-E-2 is currently expected to be confirmed at the close of 7/31/17 with a high due by 10/31/19
The SPX Cycles Bull-E-2 high is due 5/31/19, the projected high range is 2477.97 to 3421.98
SPX Cycles Indicator’s Report. The SPX Cycles Bull Market remains in an OB condition. The SPX Weekly & Monthly are currently in an OB condition. The SPX 60 min is currently in an OS condition.
SPX Cycles Overdue & Future Phases Report. Today there are no phase changes due. The next phase(s) due is a D-1 (could be in progress) due 5/22/17. There are currently 12 overdue phases, 3 of them are currently confirmed, 6 of them are P1’s (1 of them is currently confirmed), 6 of them are P2’s (2 of them are currently confirmed).
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