Replies to post #2293 on Rule-Based Trading Systems

[northam43]

Market Update:

SPX Daily - Solid Bullish - 5 of 5 of my indicators are bullish. The SPX Daily Phase II cycle has made a new high for this cycle.

SPX Weekly - Bullish - 4 of 5 are Bullish. The SPX Weekly Phase II is now officially in it's 3rd Week. I don't have official data, however by a quik look at the SPX weekly chart I would say that SPX Weekly Phase II cycle averages around 8 to 10 weeks.

SPX Monthly - No change.

Comments: Looks like we could be on the way to SPX 1200.