Thursday, March 14, 2013 10:42:19 AM
SPX Cycles Morning Flow Chart:
SPX once again makes a new 52 week high, now only 14.7 points from a record high, the SPX 60 min Phase 2 opened in it's 6th trading hour, a 60 min high is due this morning and a 60 min Phase 1 is due this afternoon, the current projected low is 1540.1, that is below the Daily UTL.
A new high on the SPX Monthly EMA 3/8 Bull gap now at 54.86, the SPX Cycles Bull Market average is 49.40 and the record is 77.30 which was put in during the 1998 to 2000 Bull market.
SPX once again makes a new 52 week high, now only 14.7 points from a record high, the SPX 60 min Phase 2 opened in it's 6th trading hour, a 60 min high is due this morning and a 60 min Phase 1 is due this afternoon, the current projected low is 1540.1, that is below the Daily UTL.
A new high on the SPX Monthly EMA 3/8 Bull gap now at 54.86, the SPX Cycles Bull Market average is 49.40 and the record is 77.30 which was put in during the 1998 to 2000 Bull market.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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