SPX Cycles

[northam43]

Report #1 Status Report.
Today's confirmations: 60-1 confirmed at the close of the 4th hour, 60-S-2 confirmed during the 5th hour, 60-S-1 (Extreme Overdue) confirmed at the close of the 6th hour.
Tuesday possibilities: 60-1, 60-S-2, 60-E-1 (Overdue) & UPRO Buy Signal, 60-2 (Extreme Overdue), D-S-1
The Cycles between Cycles Strength Meter: -60 extreme bearish
60 min level, 3 of the 4 Bear Cycles are Overdue (1) or Extreme Overdue (2).
Daily level, 3 of the 4 Bear Cycles are Overdue (1) or Extreme Overdue (2).
Could see a 250 point drop in a short period of time.