Trading SPX Cycles

[northam43]

Morning Report:

SPX all time new high this morning. Once again all SPX Cycle time frames have cycle highs. A 60 min Phase 1 is overdue, the next 60 min projected low is currently at 1720.3, if a 60 min Phase 1 starts today then a 60 min Phase 2 will be due Monday and a 60 min high will be due Tuesday, a Daily Phase 1 is due Wednesday (not likely since the Daily Phase 2 is projected to extend), Oct 28th a Daily low is projected (not likely if the Daily Phase 2 extends), the current projected low is 1680.93, a Weekly high is due Nov 8th, the projected high is 1774.81, I still don't believe the Weekly projected high will be reached since the last two Weekly Phase 2 projected highs have been reached. I am looking at a Weekly high around 1750.