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northam43

12/03/11 11:23 AM

#1465 RE: NASARAVI #1464

NASARAVI - Yes I would say the Weekly is currently in the driver seat with the SPX 60 min, the 60 min confirmed a Phase 1 at the close, so if Monday the SPX opens to the upside the 60 min could go directly back into Phase 2, then we would have the 60 min, Daily, Weekly all in Phase 2 and none in extended mode, so that could give the boost to get the Monthly EMA 3/8 Bull crossing and then a Monthly Phase 2 confrmation.