AI
Friday, July 20, 2018 5:34:41 PM
SPX Cycles Daily Activity Report:
The SPX 60 min today at the close confirmed a 60-1 (due 7/23/18) the projected low range is 2791.82 to 2780.77, the 60-1 low could be in, however, the SPX 60 min closed in 60-E-1 (extreme overdue) territory, if the 60-E-1 is confirmed Monday at the close of the 2nd hour, the projected low range will be 2770.82 to 2746.59, the 60-E-1 low will be due by Monday at the 6th hour. Keep in mind that the 60-SC-1 is on the extreme overdue list with a projected low range of 2747.71 to 2707.67.
Market Condition: SPX Cycles Bull Market is currently in a Strong Bull. The SPX 60 min, Daily & Weekly are currently in an OB condition.
Possible phase changes for Monday: If the 60-E-1 is confirmed a SPXL buy signal will become active until a 60-S-2 (due 7/26/18) is confirmed.
The SPX 60 min today at the close confirmed a 60-1 (due 7/23/18) the projected low range is 2791.82 to 2780.77, the 60-1 low could be in, however, the SPX 60 min closed in 60-E-1 (extreme overdue) territory, if the 60-E-1 is confirmed Monday at the close of the 2nd hour, the projected low range will be 2770.82 to 2746.59, the 60-E-1 low will be due by Monday at the 6th hour. Keep in mind that the 60-SC-1 is on the extreme overdue list with a projected low range of 2747.71 to 2707.67.
Market Condition: SPX Cycles Bull Market is currently in a Strong Bull. The SPX 60 min, Daily & Weekly are currently in an OB condition.
Possible phase changes for Monday: If the 60-E-1 is confirmed a SPXL buy signal will become active until a 60-S-2 (due 7/26/18) is confirmed.
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