Murray - No problem, just keep asking until you either get the information you need or I just say I don't have it. I'm always willing to provide whatever I have concerning the SPX Cycle System.
The basic SPX Cycle System relies on two indicators, the EMA 11,high and EMA 11,low, these two indicators are used in each timeframe, the EMA 11,high indicator is the most important, it is used to confirm a Phase 1 and Phase 2.
Here is an old Daily chart with those indicators, they are the two green lines in the top box, the top green line is the EMA 11,high and the bottom green line is the EMA 11,low
There are some basic rules, however, the biggest part of the SPX Cycle system is being aware of what each timeframes status is. You can't just focus on the 60 min by itself, you have to look at the Daily, Weekly, Monthly and the Monthly EMA 3/8 all are components and major players in the SPX Cycle System.
Just like today could be a very significant day, we could get an unconfirmed Monthly EMA 3/8 Bull crossing and if it holds until the end of the month it will be confirmed.
60 min indicators get confirmed at the end of each hour Daily indicators get confirmed at the end of each trading day Weekly indicators get confirmed at the end of each trading week Monthly indicators get confirmed the last trading day of each month
The basic rules for a Phase 1 and 2 confirmation is, for a Phase 1 to be confirmed the price must open below the UTL and remain below the UTL for that entire timeframe as I mentioned above to get a confirmation. The exception to the above is on the Phase 2 confirmation which is the easiest of all, if the price hits or crosses above the UTL a Phase 2 is immediately confirmed.
I believe as time goes on and if you follow the cycle system daily you will conform it to your style of trading.
JMHO, Lindy "Buy low, Sell high, stay with your system. If your system breaks fix it."
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