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S&P 500
5,304.72
(
0.70%
)
US TECH 100
18,376.40
(
0.32%
)
Dow Jones
39,069.59
(
0.01%
)
Brent Oil
83.04
(
0.23%
)
Bitcoin
67,858.93
(
-2.21%
)
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northam43

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northam43

Re: None

Friday, 05/27/2011 10:15:12 AM

Friday, May 27, 2011 10:15:12 AM

Post# of 496
SPX 60 min opened in the 5th hour of it's Phase 2.

The average 60 min Phase 2 is 8.6 trading hours. This Phase 2 is in the 5th hour. The record is 36 hours.

Average number of highs is 4.1, this Phase 2 has now put in 4 highs. The record is 19.

The average cycle High - Low difference is 18.5, this Phase 2 is currently at 18.42, the record is 39.11

Will this 60 min Phase 2 extend? If the Daily goes into a Phase 2, the 60 min Phase 2 will extend.

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


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