Rcks - Anytime the price is below the UTL there is a shot at getting a Phase 1 confirmed, if the price gets below the LTL then the odds go up to almost 100%. But right now with the Daily Phase 1 due a low tomorrow, and the last two Daily Phase 2's haven't reached the projected highs, all the next Daily Phase 2 needs to do is get above 1626 to keep the Weekly in Phase 2 next week. It's along way between now and next Friday. But I believe we are getting closer to a Weekly correction, I'm just not convinced at this point that it will start next week.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."