Monday, February 25, 2013 4:52:07 PM
SPX Cycles Closing Bell Flow Chart:
SPX 60 min Phase 1 closed in it's 4th trading hour, it is well below it's projected low, the SPX Daily price is way below the Daily LTL, the SPX Weekly price has dropped well below the Weekly UTL, so tomorrow a Daily Phase 1 confirmation is very likely, however, a Weekly Phase 1 at this point is still not very likely, will have to see how long and deep this Daily Phase 1 will be. If a Daily Phase 1 is confirmed tomorrow, the current projected low is at 1460.31, if the SPX 60 min Phase 1 extends, I will add a SSO position. Then I will look at adding another SSO position when the Daily low is due.
SPX 60 min Phase 1 closed in it's 4th trading hour, it is well below it's projected low, the SPX Daily price is way below the Daily LTL, the SPX Weekly price has dropped well below the Weekly UTL, so tomorrow a Daily Phase 1 confirmation is very likely, however, a Weekly Phase 1 at this point is still not very likely, will have to see how long and deep this Daily Phase 1 will be. If a Daily Phase 1 is confirmed tomorrow, the current projected low is at 1460.31, if the SPX 60 min Phase 1 extends, I will add a SSO position. Then I will look at adding another SSO position when the Daily low is due.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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