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Sunday, October 21, 2018 5:28:03 PM
SPX Cycles Daily Activity Report:
Friday at the close of the 6th hour, the SPX 60 min confirmed a 60-1 (extreme overdue) the projected low range of 2779.89 to 2768.97, has been exceeded, the 60-1 low could be in.
Friday at the close the SPX Weekly confirmed a W-S-1 (due 1/13/19) the projected low range of 2860.31 to 2803.60, which has been exceeded, the W-S-1 low could be in. However, the SPX Weekly is currently in W-1 (due 7/29/19) territory, if the W-1 is confirmed at the close on 10/26/18 the projected low range will be 2812.14 to 2703.25, the W-1 low will be due by 11/2/18.
Possible phase changes for Monday:
The Bears continue to pounce on the Bull this month by 219.38 pts. The SPX Cycles Bull Market remains in a Strong Bull Condition. The SPX Weekly remains in an OB condition.
SPX, SPXL, & SPXS current phase projections:
SPX Cycles Close of the Week Chart:
Friday at the close of the 6th hour, the SPX 60 min confirmed a 60-1 (extreme overdue) the projected low range of 2779.89 to 2768.97, has been exceeded, the 60-1 low could be in.
Friday at the close the SPX Weekly confirmed a W-S-1 (due 1/13/19) the projected low range of 2860.31 to 2803.60, which has been exceeded, the W-S-1 low could be in. However, the SPX Weekly is currently in W-1 (due 7/29/19) territory, if the W-1 is confirmed at the close on 10/26/18 the projected low range will be 2812.14 to 2703.25, the W-1 low will be due by 11/2/18.
Possible phase changes for Monday:
The Bears continue to pounce on the Bull this month by 219.38 pts. The SPX Cycles Bull Market remains in a Strong Bull Condition. The SPX Weekly remains in an OB condition.
SPX, SPXL, & SPXS current phase projections:
SPX Cycles Close of the Week Chart:
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