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northam43

10/18/18 1:48 PM

#21021 RE: northam43 #21019

Extreme overdue, Overdue & Future Phase Projections: On the Extreme overdue list there are 3 red (P1) & 3 green (P2) phases. If the 60 min P1 ends in 60-1, then the 60-1 will come off the list. On the Overdue list there are 6 red (P1) & 5 green (P2) phases. 1 red phase (D-E-1) is currently in progress and will be removed from the list when completed. There are 3 green phases (Bull-E-2, M-E-2, W-E-2) in progress and will b e removed from the list when completed. So the Overdue List is quit bearish. Looking at the Future Phases projected out to February 2019. Looks like some volatility going into the end of the month. The SPX could drop back down to the 2753 level & possibly back up to the 2830 level by the end of the month. The D-SC-1 due in November could get confirmed at the close on Monday. If the SPX closes the Month above 2808, the M-S-1 will not get confirmed at the end of November and will be put on the overdue list. So that would leave basically the D-E-2 & 60-SC-1 for November and any overdue phases like the 60-SC-2, D-S-2, D-1, D-2, that have the possibility of getting confirmed. With nothing currently due in December, we could see the M-S-1 getting confirmed at the end of the year. Then looking into January, the W-S-1, will likely get confirmed at the close of this week, but the Weekly is currently in W-1 territory, so the W-S-1 could still be possible in January. The end of January into February is looking pretty bullish right now with a W-S-2 & D-SC-2 projected, we could see a new ALL TIME HIGH by the end of January 2019. For 2018, I believe the SPX high has been put in at 2940.91, for 2019 I'm currently looking at a SPX high between 3000 to 3200 by around May or June.