This morning the SPX futures are down over 15 pts. Both the 60 min & Daily will likely open in an unconfirmed Phase 1. The weekly price should drop below it's UTL. Hopefully this is the start of the Weekly correction, however, the earliest the Weekly Phase 1 can be confirmed is June 21st. If the Daily confirms a Phase 1 today and can extend the Phase 1 to June 21st. We will likely have a very short (1 week) Weekly Phase 1. I'll be back for the morning report.
JMHO, Lindy
"Buy low, Sell high, stay with your system. If your system breaks fix it."