SPX Charts
I'm posting these charts in support / align with SPX Cycles change in phase....
This is how i see it pending today's closing
Close Above 1260
- First chart is the SPX 40-day/hourly - Price is at the lower trend line and the Stoch is oversold... It means we'll bounce here or break thru the lower line... A bounce here would be in alignment with northams opening above 1260 on Monday
Close Below 1260
- the second chart is SPX One-year/daily - Price is at the top trend line - the Stoch is at the top and beginning to descend - A break on the hourly trend line and open below SPX 1260 would support northams "looking ahead" call. The chart would be in alignment with the projected Weekly Phase I to 1158.12.
Channel charts from Richard Lehman
SPX 40-day/hourly
SPX One-year/daily
I'm posting these charts in support / align with SPX Cycles change in phase....
This is how i see it pending today's closing
Close Above 1260
- First chart is the SPX 40-day/hourly - Price is at the lower trend line and the Stoch is oversold... It means we'll bounce here or break thru the lower line... A bounce here would be in alignment with northams opening above 1260 on Monday
Close Below 1260
- the second chart is SPX One-year/daily - Price is at the top trend line - the Stoch is at the top and beginning to descend - A break on the hourly trend line and open below SPX 1260 would support northams "looking ahead" call. The chart would be in alignment with the projected Weekly Phase I to 1158.12.
Channel charts from Richard Lehman
SPX 40-day/hourly
SPX One-year/daily
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