Replies to post #23187 on CHARTS_CCI_SYSTEM

[GLENO34]

Right now as I post, we have down signals on the 2 hour NASDAQ, NDX and SPX and DOW...The RUT still holding out...But these signal are the very early ones..so could get whipsawed back and forth for a while...Targets are the 10EMA's when the signal is valid.

[Oddlot]

Glen, if the start of this cycle occurred in late Aug, just prior to the TL break upward, then we are in Day11. My cycle set is 72/37/18/9.... and the upmove is young. Summation of sinewaves would suggest the 18day high would occur in day13-14, or Tues/Wed, and then a pullback for a week. Support probably at the FLD72 area (2995/3000). Reversal from 18day low will set the new stops. Obj 3110-3135 in late Sept or early Oct.