Tuesday, February 26, 2013 11:08:55 AM
SPX Cycles Morning Flow Chart & UTL/LTL/Corrections Report:
SPX 60 min Phase 1 opened in it's 5th trading hour, a 60 min low is due this morning and a 60 min Phase 2 is due late this morning, the current projected high is 1508.4, a 60 min high could be put in before the close, a Daily Phase 1 will most likely be confirmed at the close today, the current projected low is 1460.49. I will be looking to add SSO when the 60 min Phase 1 extends. I will be looking at selling SPXS positions as they become profitable and depending on the current cycle status.
This report was updated yesterday at the close.
SPX 60 min Phase 1 opened in it's 5th trading hour, a 60 min low is due this morning and a 60 min Phase 2 is due late this morning, the current projected high is 1508.4, a 60 min high could be put in before the close, a Daily Phase 1 will most likely be confirmed at the close today, the current projected low is 1460.49. I will be looking to add SSO when the 60 min Phase 1 extends. I will be looking at selling SPXS positions as they become profitable and depending on the current cycle status.
This report was updated yesterday at the close.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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