Replies to post #2894 on Trading SPX Cycles

[northam43]

The SPX Daily closed once again below the Daily UTL, and the 60 min closed below it's LTL, so both the Daily & 60 min are aligned to have a coordinated P1 on Monday. So Monday the 60 min could get a confirmed extended P1 in the opening hour, which could be a drop of 38.69 points and the Daily could get a confirmed average P1 at Monday's close, which could be a drop of 56.19 points.