Another day of new records on the SPX 60 min Phase 1. The SPX Daily Phase 1 has dug a deeper hole. The SPX Weekly is now another day closer to a Phase 1, the SPX Weekly would have to go up more than 55 points tomorrow to remain in Phase 2. The SPX Monthly price is now below the monthly EMA 8, if the monthly closes the month below the EMA 8 more than likely a new Monthly Phase 1 will be confirmed the next month.
JMHO, Lindy "Buy low, Sell high, stay with your system. If your system breaks fix it."