Replies to post #1404 on SPX Cycles System Daily Cycles (SPI:IN\X)

[RCKS]

I like the target. From a TA perspective this base building in the 1338 neighborhood is bullish IMO northam. I believe we are close to seeing an acceleration, if the E-Wave wave 3 calls are correct this could happen as we approach the May Expiration next week.

[GLENO34]

north..With my limited view of the market I was able to buy TZA at 32.92 right at the close yesterday..I see it just hit 34.95 a few mins ago...Hmmm..I also gave a SPX target this morning of 1337.89..So I missed by .11

[northam43]

SPX Daily Phase 1 (Bear) Confirmed (05/11/11):

Today the SPX Daily Phase 1(Bear) is confirmed. The average Daily Phase 1 lasts 6.06 Trading Days. The average Bull market Phase 1 lasts 6.01 trading days. The target for this Phase 1 is 1307.58 by May 17th.