Replies to post #1379 on SPX Cycles System Daily Cycles (SPI:IN\X)

[RCKS]

momentum has slowed in the 60 min phase II cycle which is fitting given its length, now in 21st hour on my chart. Getting close to a reaction and a buying opportunity.

[RCKS]

A couple comments after looking at the Weekly and Daily charts. this week put some distance between price and Weekly UTL, which on my stockcharts sits at 1330+ and the Daily is at 1344+.
This could be a big wave 3 up in the making. Whether we close way higher on Monday or not, we could get a 60 min Phase I easily without a Daily Phase I and at some point another cycle out get a Daily Phase I without any contact with the Weekly Phase I.
Just thinking out loud.
A few folks have been calling for an acceleration of the trend into June, this could be the setup for it.