Replies to post #345 on Trading SPX Cycles

[northam43]

SPX Cycles Consolidated Daily Reports:

Today the SPX 60 min continued in Phase 1, making a new cycle low.

The SPX Daily Phase 1 also continued and also making a new cycle low.

The SPX Weekly Phase 1, started it's 2nd week with it's 2nd cycle low.

The SPX Monthly price remains below the UTL.

So everything remained bearish today, but the SPX managed to close in the green. Could a bottom be close? Both the SPX 60 min & Daily are in an extended Phase 1, so they are overdue for a Phase 2.