Short Term Trading Member Forum

[Toppcats]

My current SPX 10 week cycle phasing position, with courtesy to SilentOne for the applied Stochastic indicator. 7th 10 week cycle low (in the current 80 week (18 month)) now appears to be coming in (or came in late last week!). As this is the last 10 week cycle SPX price 'should' be limited - remains to be seen though given the level of the rally since the March 09 low.
One thing I do note is that the price slope from 20-week cycle low to 20-week cyle low has decreased for each of the 20 week cycles in play since March 09, with the most recent 20 week showing an almost flat overall low-low slope..
The double vertical lines in the May timeframe is one favored time projection atm for the arrival of this next major cycle low.

Regards