SPX Cycles Facebook group:
Good morning. The SPX 60 min Phase 1 extremely extended opened in it's 32nd trading hour, the next Phase 2 (due by May 19th A.M.) projected high is 1326.12, the SPX Daily Phase 1 extended opened in it's 11th trading day, the next Phase 2 (due by Jun 14th) the projected high is 1370.44, the SPX Weekly Phase 1 continues in it's 2nd week, the projected low is 1289.87, the next Phase 2 (due Jun 15th) the projected high is 1453.57, the SPX Monthly Phase 2 continues in it's 5th month, the projected high is 1437.3, the next Phase 1 (due March 2013) the projected low is 1210.70, and the SPX Monthly EMA 3/8 Bull market continues in it's 5th month, the projected high is 1426.21, the current Bull gap is at 17.66, the next projected Bear market is October 2013.
The 60 min must either confirm a new Phase 2 tomorrow or a new record will be established. If the 60 min confirms a Phase 2 and it is short in duration & or price, I will probably start using the Bear word. The earliest a SPX Cycles Bear market can be confirmed is at the end of June 2012, so alot can happen between now and then, hopefully the Daily & Weekly will be back in a long term Phase 2 by then.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
