The SPX 60 min Phase 1 made new records today. The SPX Daily hit it's projected low target, the SPX Weekly price opened below the Weekly UTL if the price remains below this level all week and new Weekly Phase 1 will be confirmed at the close of market on Friday. The Monthly price closed below the Monthly UTL, however the earliest a Monthly Phase 1 could be confirmed is July 29th, that's not likely at this point.
I have added the buy blockers on the daily report, currently there are two buy blockers, a Weekly until July 1st and a Monthly until November 6th. Buy blockers are put in place to suspend buying during Daily, Weekly & Monthly down trends.
The SPX Cycles portfolio is currently at a -1.32% vs the S&P 500 is at 2.27%. Not a good report. Hopefully the buy blockers will imrove the performance over time.
JMHO, Lindy "Buy low, Sell high, stay with your system. If your system breaks fix it."