If you look over to the right at the column Monthly Phases. You can see that during this Monthly Phase 2, there have been 21 complete Daily cycles the average is 24.21 and 4 complete Weekly cycles, the average is 4.85
The SPX Daily & 60 min both closed below their UTL, a 60 min projected low is at 1503.8 and a Daily projected low is at 1459.97, a short 60 min Phase 1 tomorrow and then back to 60 min Phase 2 could easily put the Daily back into Phase 2 by the close. Tomorrow the Monthly Phase 2 will open in it's 15th month, the Monthly is still above the EMA 3, so it's still in a strong Phase 2 at this point.
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