News Focus
News Focus
Followers 102
Posts 22788
Boards Moderated 1
Alias Born 08/22/2005

Re: northam43 post# 2785

Monday, 03/11/2013 11:19:13 AM

Monday, March 11, 2013 11:19:13 AM

Post# of 44989
SPX Cycles Morning Flow Chart:

The SPX 60 min Phase 2 continues in it's 34th trading hour, only 8 hours from a record cycle. I'm still looking for a 60 min Phase 1, the current projected low is 1531.1, a 60 min low could be put in by the close. If the 60 min low is reached, it would be below the Daily UTL, tomorrow a Daily Phase 1 is due, the current projected low is 1487.11, if the Daily low is reached, that would be below the Weekly LTL, a Weekly Phase 1 is due the week of March 18 to 22nd, the current projected low is 1423.33, that would be just below the Monthly UTL, a Monthly Phase 1 is due for April, the current projected low is 1340.80, of course if that level is reached the SPX will be in a new Bear market with a current projected low of 1310.24, that is all of the current projected lows, so the question is which of these do we reach. I believe the 60 min & Daily are most likely within the next week. The Weekly & Monthly will likely extend awhile longer.


JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today