SPX once again makes a new 52 week high, now only 14.7 points from a record high, the SPX 60 min Phase 2 opened in it's 6th trading hour, a 60 min high is due this morning and a 60 min Phase 1 is due this afternoon, the current projected low is 1540.1, that is below the Daily UTL.
A new high on the SPX Monthly EMA 3/8 Bull gap now at 54.86, the SPX Cycles Bull Market average is 49.40 and the record is 77.30 which was put in during the 1998 to 2000 Bull market.
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