Wednesday, February 27, 2013 10:49:52 AM
SPX Cycles Morning Flow Chart:
SPX 60 min Phase 2 confirmed, projected high of 1505.74 has already been exceeded, tomorrow morning a 60 min Phase 1 is due, the current projected low is 1484.6, for a Daily Phase 2 to be confirmed the SPX must get above 1516. I currently have a stop loss on SSO at 67.01, which is the SSO 60 min EMA 3 level. Each hour I will look at adjusting that price level.
SPX 60 min Phase 2 confirmed, projected high of 1505.74 has already been exceeded, tomorrow morning a 60 min Phase 1 is due, the current projected low is 1484.6, for a Daily Phase 2 to be confirmed the SPX must get above 1516. I currently have a stop loss on SSO at 67.01, which is the SSO 60 min EMA 3 level. Each hour I will look at adjusting that price level.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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