Replies to post #1332 on Trading SPX Cycles

[bbgold]

At a Reversal point?
Great entry on the trade. I have been watching the SPXU chart and it sure looks like a Mirror image bottom here compared to the Mirror image top last November?
Now whether it works out to be a move back to upside just as last years move to downside we will have to see.
It would certainly fit with your target of Feb as a Market low for a Long entry.
I think the main support today was the INDU tapping right at 12000 and SP 1245, will see how they do tomorrow.
Good Trading!

[Torqputty]

good short