News Focus
News Focus
icon url

northam43

03/11/13 4:17 PM

#2846 RE: northam43 #2837

SPX Cycles Closing Bell Flow Chart:

SPX made new 52 week high, SPX 60 min Phase 2 closed in it's 38th trading hour, the record is 42 trading hours, so tomorrow the SPX 60 min either gets a Phase 1 or a new record is established. Tomorrow a Daily Phase 1 is due, since the Daily price closed above the EMA 3, it's unlikely to confirm a Phase 1 tomorrow. The current projected 60 min low is 1534.9, if that is reached tomorrow, then a Daily Phase 1 could be confirmed on Wednesday.