Tuesday, March 12, 2013 10:59:13 AM
SPX Cycles Morning Flow Chart:
The SPX Daily Phase 2 is now extended, the SPX 60 min Phase 2 opened in it's 39th trading hour, it's currently in it's 40th trading hour, so a new record may be established if it continues another three hours, the 60 min Phase 1 current projected low is at 1535.4, if it reaches that low, it will be below the Daily UTL, so there is a chance the Daily can confirm a Phase 1 tomorrow, the current Daily Phase 1 projected low is at 1491.40
The SPX Daily Phase 2 is now extended, the SPX 60 min Phase 2 opened in it's 39th trading hour, it's currently in it's 40th trading hour, so a new record may be established if it continues another three hours, the 60 min Phase 1 current projected low is at 1535.4, if it reaches that low, it will be below the Daily UTL, so there is a chance the Daily can confirm a Phase 1 tomorrow, the current Daily Phase 1 projected low is at 1491.40
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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