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northam43

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northam43

Re: northam43 post# 5177

Thursday, 06/06/2013 2:07:58 PM

Thursday, June 06, 2013 2:07:58 PM

Post# of 44900
The SPX Daily projected low has been exceeded today. That is normally a good indicator in a Bull market that the higher time frame (Weekly) will likely be going into a Phase 1.

The Daily LTL is now below the Weekly UTL and the Daily UTL now has a gap of 18.43 between the Daily UTL (1644.23) and the Weekly UTL (1625.8), the Daily UTL could drop another 12 points by the open on Monday.

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


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