AI
Wednesday, May 08, 2013 10:38:34 AM
SPX Cycles Morning Flow Chart & SPX Cycles Chart:
Once again the SPX starts the opening hour with ALL TIME HIGHS, the SPX 60 min Phase 2 continues to extend, now in it's 30th trading hour, the next 60 min Phase 1 projected low is currently at 1606.9, the next Daily Phase 1 is currently projected for Monday May 13th, the current projected low is 1566.52, and the Weekly Phase 1 is still projected for next week, however, the chances for that are diminishing. I still plan to buy a SPXL position during this next 60 min Phase 1.
Once again the SPX starts the opening hour with ALL TIME HIGHS, the SPX 60 min Phase 2 continues to extend, now in it's 30th trading hour, the next 60 min Phase 1 projected low is currently at 1606.9, the next Daily Phase 1 is currently projected for Monday May 13th, the current projected low is 1566.52, and the Weekly Phase 1 is still projected for next week, however, the chances for that are diminishing. I still plan to buy a SPXL position during this next 60 min Phase 1.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."
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