Replies to post #5600 on CHARTS_CCI_SYSTEM

[northam43]

I'm looking at a Weekly low between 1559 to 1590, I'm expecting the Weekly Phase 1 to last 1 or 2 weeks, that would take the Phase 1 to July 5th, then I will be looking for a Weekly Phase 2 lasting around 6 weeks (middle of August), and gaining about 100 pts from the Phase 1 low which could be around the SPX high. Then possibly a Monthly Phase 1 starting in September with the SPX dropping to around 1450 by the end of the year. The SPX could drop to the 1450 level without the SPX EMA 3/8 confirming a Bear crossing, then back to a Monthly Phase 2 and SPX going to 1700/1800 by end of 2014, then Big Bear starting 2015 and lasting 18 to 30 months and dropping 50 to 60% to a low around 720.