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S&P 500
5,187.70
(
0.13%
)
US TECH 100
17,616.40
(
0.04%
)
Dow Jones
38,884.26
(
0.08%
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-0.67%
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northam43

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northam43

Re: None

Tuesday, 05/25/2010 8:01:52 PM

Tuesday, May 25, 2010 8:01:52 PM

Post# of 2827
SPX Cycles Update:

SPX Daily: This is the 17th Trading Day in Phase I. The average Phase I is currently 5.56 Trading Days. The price is below the lower trend line(1093.24). A new cycle low of 1040.81 was made today. That is within my target range. Since price remains below the lower trend line, new lows are still very possible.

SPX Weekly: 3rd week in Phase I, new weekly low

SPX Monthly: 10th week in Phase II, EMA 3/8 18 pt gap.

JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


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