Replies to post #1335 on Trading SPX Cycles

[northam43]

bbgold - With the 60 min & Daily closing below the UTL, if the Daily confirms a Phase 1 tomorrow, it could be a good size drop, with both going into Phase 1 at same time.

That's why in my earlier post, I was wanting an extended 60 min Phase 1, that way the Daily would more than likely have a short Phase 1.

So if the Daily goes into Phase 1 tomorrow and it is an average Phase 1, the Weekly Phase 1 will start coming into play.

So the market could be reminding us that we are still in a Bear market.