AI
Wednesday, March 06, 2013 11:15:33 AM
SPX Cycles Morning Flow Chart:
The SPX has once again made a new 52 week high, so once again all time frames have a cycle high today. The SPX 60 min Phase 2 extended is now in it's 13th trading hour, so once again today I will be looking for a 60 min Phase 1, the current projected low is 1523.8, next week a Daily Phase 1 will be due, then the next week a Weekly Phase 1 will be due, then April 1st a Monthly Phase 1 will be due. So the odds favor at least getting a Daily Phase 1 in the near future, as for a Weekly & Monthly probably not.
The SPX has once again made a new 52 week high, so once again all time frames have a cycle high today. The SPX 60 min Phase 2 extended is now in it's 13th trading hour, so once again today I will be looking for a 60 min Phase 1, the current projected low is 1523.8, next week a Daily Phase 1 will be due, then the next week a Weekly Phase 1 will be due, then April 1st a Monthly Phase 1 will be due. So the odds favor at least getting a Daily Phase 1 in the near future, as for a Weekly & Monthly probably not.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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