So here's the picture:
The SPX 60 min will be in a Phase 1 by March 12th, that would be the record.
The SPX Daily is due a Phase 1 on March 12th
Right now the Daily price is so far into outer space that it is unsustainable, it has no support. So it must eventually return to earth, hopefully it will be a smooth landing and doesn't drop like a rock.
So by March 12th something is going to fall.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."