Spinner1 - A Phase 1 will eventually happen in all time frames. The higher the Phase 2 cycle high in a Bull market, the higher the Phase 1 cycle low will be.
Right now with the Monthly & Weekly coming up due for a Phase 1 starting in a couple weeks. I am cautious on the upside, I missed this current leg up. Wonder if they are going to push the SPX to a new record high above 1576.09 before the weekly correction starts?