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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: northam who wrote (29609)8/6/2018 4:42:27 PM
From: northam1 Recommendation

Recommended By
da_cheif™

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Tomorrow the SPX could make a new all time high if the 60-SC-2 is confirmed at the open. The SPX 60 min now has some breathing room, it could pull back to the 2831 level and confirm a 60-S-1 or 60-1, leaving the Daily in it's current D-SC-2 (Daily Super Cycle Up Phase), then the 60 min could then go back up in a 60-S-2 and continue to make new highs. The D-SC-2 high is expected by 8/15/18. Then the Daily should have a short to average pull back in a D-S-1 or D-1 phase dropping 30 to 75 pts, leaving the Weekly in it's current W-2 (up phase), which I am currently expecting the Weekly to confirm a W-E-2 (Weekly Extended Up Phase) on 8/31/18 with a projected high range of 2946.34 to 3212.46, the W-E-2 high will be due by 11/16/18. Then I will be looking for a short Monthly correction (M-S-1) dropping the SPX between 50 to 350 pts.

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