Here is the SPX Weekly Chart, comparing the Weekly Phase 1 of 3/14/2011, with the current Weekly Phase 1: images.investorshub.advfn.com/images/uploads/2013/6/28/rmczaSPX_60_min_Weekly_06-28-2013-1.PNG Here is the SPX Daily chart of the March 2011 period. images.investorshub.advfn.com/images/uploads/2013/6/28/yufnrSPX_Daily_06-28-2013-1.PNG Here is the current Daily chart. Notice it is almost identical to the Daily during the March 2011 Weekly Phase 1 period. images.investorshub.advfn.com/images/uploads/2013/6/28/hhjfySPX_Daily_06-28-2013-2.PNG Bottom line: The follow on Weekly Phase 2 lasted 9 weeks and went to new 52 week highs