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Monday, August 21, 2017 8:56:38 PM
SPX Cycles Update & Closing Report. Bull Gap 52.36 (OB)
The SPX Cycles Bull Market has been upgraded from a STRONG BULL MARKET to an OB condition. This is due to the Bull Gap above the 52 level.
The SPX Daily today at the close confirmed a D-1 (due 10/9/17) the projected low range is 2434.53 to 2407.64, the D-1 low could be in at 2417.35. However, the SPX Daily is currently in D-E-1 (overdue) territory, if the D-E-1 is confirmed tomorrow at the close, the projected low range will be 2368.30 to 2286.43, a D-E-1 low will be due by 8/29/17. Keep in mind that the D-SC-1 has been overdue since 6/30/16.
The SPX Weekly is currently in an UNCONFIRMED W-S-1 (overdue), if the W-S-1 is confirmed Friday at the close, the projected low range will be 2414.70 to 2373.13, a W-S-1 low will be due by this week. The W-E-1 & W-SC-1 are overdue, but now likely to be confirmed during this Weekly P1 cycle, because the Weekly MACD is too high above the zero line.
Closing SPX Cycles Indicator’s Report. The SPX Cycles Bull Market has been upgraded from a STRONG BULL MARKET to an OB condition. This is due to the Bull Gap closing above the 52 level. The SPX Weekly & Monthly are currently in an OB condition.
Closing SPX Cycles Overdue & Future Phases Report. Tomorrow there are no phase changes due. The next phase(s) due is a 60-E-2 due 8/23/17. There are currently 19 overdue phases, 2 of them are currently confirmed, 1 of them is currently in an unconfirmed status, 10 of them are P1’s (1 of them is currently confirmed, 2 of them are currently in an unconfirmed status), 9 of them are P2’s (1 of them is currently confirmed).
The SPX Cycles Bull Market has been upgraded from a STRONG BULL MARKET to an OB condition. This is due to the Bull Gap above the 52 level.
The SPX Daily today at the close confirmed a D-1 (due 10/9/17) the projected low range is 2434.53 to 2407.64, the D-1 low could be in at 2417.35. However, the SPX Daily is currently in D-E-1 (overdue) territory, if the D-E-1 is confirmed tomorrow at the close, the projected low range will be 2368.30 to 2286.43, a D-E-1 low will be due by 8/29/17. Keep in mind that the D-SC-1 has been overdue since 6/30/16.
The SPX Weekly is currently in an UNCONFIRMED W-S-1 (overdue), if the W-S-1 is confirmed Friday at the close, the projected low range will be 2414.70 to 2373.13, a W-S-1 low will be due by this week. The W-E-1 & W-SC-1 are overdue, but now likely to be confirmed during this Weekly P1 cycle, because the Weekly MACD is too high above the zero line.
Closing SPX Cycles Indicator’s Report. The SPX Cycles Bull Market has been upgraded from a STRONG BULL MARKET to an OB condition. This is due to the Bull Gap closing above the 52 level. The SPX Weekly & Monthly are currently in an OB condition.
Closing SPX Cycles Overdue & Future Phases Report. Tomorrow there are no phase changes due. The next phase(s) due is a 60-E-2 due 8/23/17. There are currently 19 overdue phases, 2 of them are currently confirmed, 1 of them is currently in an unconfirmed status, 10 of them are P1’s (1 of them is currently confirmed, 2 of them are currently in an unconfirmed status), 9 of them are P2’s (1 of them is currently confirmed).
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