Replies to post #1394 on Trading SPX Cycles

[bbgold]

My Speculation is bounce here
Looking at the prior Weekly/Monthly Cycles patterns along with the Euro/SP levels I think we bounce here from 1150. Euro is at prior support levels, though so far not showing any support, and SP is at a prior support level, though also so far not showing any support.
The Cycles would show a Close below the LTL on All charts as long as the Monthly SP closes below 1173. To me that would mean a bounce here from 1150-1170 that could still give an All Close below the LTL for a Dec reversal.
Now whether the Support will Hold and we do indeed get a Bounce into EOM we will just have to see, but that is my speculation here.
Looking at SPXU tapping 18 as resistance, TNA 33/32 as support.
Have a Wonderful Weekend!

[Y worry Murray]

northam43, I am looking for a swing trading system. Rather than "reinvent the wheel" it makes sense to adopt a system which is already established. Your results on the 60 min. are exceptional, congratulations are in order. Do you have any words of advice for someone considering trading your 60 min. system?