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Strategies & Market Trends : SPX Cycles

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To: northam who wrote (1244)12/4/2019 4:36:20 PM
From: northam  Read Replies (2) of 2036
 
End of the Day Report:

The SPX Weekly & Quarterly are currently in an Extreme OB Condition

The SPX Daily, Monthly & Yearly are currently in an OB Condition

Tomorrow the market could go either way. A SPX 60-E-2 is possible at the close of the 1st hour with a projected high of 3141.49, the high will be due Friday at the 1st hour. There is also the possibility of a 60-E-1 at the close of the 6th hour with a projected low of 3046.50, the low will be due Friday at the 3rd hour.

If the 60-E-2 gets confirmed tomorrow, a SPX Daily D-S-2 (Overdue) would likely be confirmed with a projected high of 3165.89 (ATH), the high will be due tomorrow.

If the 60-E-1 gets confirmed tomorrow, a SPX Daily D-1 (Overdue) could be confirmed at the close with a projected low of 3068.65, the low was due today.

If the 60-E-1 gets confirmed tomorrow, a Bull Cycle (SPXL) buy signal will become active until the 60-E-1 ends.

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