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Replies to #9234 on S WAVE CHARTS

northam43

11/02/16 11:35 AM

#9240 RE: snootmagruder #9234

It's looking like the SPX Weekly has a chance of getting a long overdue average P1 (downside phase) confirmed at the close on Friday with a projected low range of 2060.31 to 1996.42, if confirmed a low could be put in this week. Right now it's a slim chance for getting confirmed, because any 60 min P2 (upside phase confirmation) would take the Weekly out of the W-1 territory. I would sure love to see it get confirmed and out of the way. Today I have a D-2 (Daily upside phase) with a current projected high range of 2147.03 to 2177.63, I also have a D-E-2 that is overdue with a current projected high range of 2204.89 to 2261.64.