Replies to post #11821 on CHARTS_CCI_SYSTEM

[GLENO34]

Looks like we got a Phase 1 down confirmation this morning...but we need to stay below 2003???

[northam43]

SPX Cycles End of Day Reports:

The SPX 60 min P1 confirmed a Super Cycle and a SPXL Buy Signal and SPXS Sell Signal. The SPX Daily confirmed a short P1 at the close, with a projected low of 1985.41. The SPX 60 min extended P1 completed it's 14TH trading hour, the SPX Daily short P1 completed it's 1ST trading day, the SPX Weekly average P2 continues in it's 7TH week, the SPX Monthly extended P2 continues in it's 33RD month, and the SPX Cycles Bull market continues in it's 33RD month, with a current SPX Monthly EMA 3/8 bull gap of 52.47. The SPX Closed at 1982.77, SPX Cycles is currently 0.00% long and 31.81% short. Sold SPXS, 100 shares at 24.29.

Tomorrow morning a 60 min short P2 is currently over due, the current projected high is 1994.7. Also tomorrow the SPX Daily is due a short P2 with a current projected high of 2020.26 (Unless a Daily average P1 is confirmed)

If a Daily average P1 is confirmed at the close tomorrow, the projected low will be 1960.43. If it doesn't look like a Daily average P1 will be confirmed tomorrow, I will be looking to Buy SPXL.