Replies to post #17754 on CHARTS_CCI_SYSTEM

[northam43]

I'm hoping this current 60 min down phase lasts until tomorrow morning at the close of the 1st hour so I can get my overdue 60 min Super Cycle down phase confirmed. I will then add a UPRO position.

The Daily MACD (12,26,9) I believe is still to high above the zero line for a Daily extended down phase to get confirmed during this Daily down cycle. But I expect the Daily MACD will continue trending downward when the next Daily up phase is confirmed, which would then likely set the Daily up for an extended down phase during the next Daily down cycle around Mid April.

I'm thinking the SPX will go to new record highs by April 14th.