Looks to me; the SPX 60 low projection of 1236.6 is within (inside) the triangle forming from end of October. And that the 60min phases will get tighter til SPX breaks-out.
The best part regarding SPX Cycles is that it tells You exactly what the market is doing (reasonably). No fluff and no predictions (predictions are for dummies). Then its up to the individual trader to analyze the side of risk and make their bet. For me; SPX Cycles cut out the bull-$hit, cut out the noise.... so Now im aligning confidence in the Stochs, the channels and making the trade...