Replies to post #2300 on Rule-Based Trading Systems

[NASARAVI]

northam43:

Is there a chart to show the 8-10 week cycles for SPX.

I have some others indicating the same.

TIA.

[northam43]

Market Update:

SPX Daily - Extremely Bullish - 5 of 5 of my indicators are bullish. The SPX Daily Phase II cycle has made a new high for this cycle at 1139. Very OB, a pullback is expected.

SPX Weekly - Solid Bullish - 4 of 5 are Bullish. The SPX Weekly Phase II is now starting it's 4th week. A new cycle high at 1139.
The MACD(12,26,9) is still bearish but narrowing. It is well above the zero line between 23 & 30.

SPX Monthly - Solid Bullish - 5 of 5 of my indicators are bullish. The chart below shows the PPO making a bullish crossing.

Comments: SPX 1200 still the Long Term Target.