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Report 7.1 SPX Cycles Long Range Projection Chart. Today the Weekly opened in an UNCONFIRMED W-S-1. For the W-S-1 to get confirmed, the SPX must remain below the Weekly UTL (currently at 6030.68) until the close on Friday. If the W-S-1 gets confirmed the projected low will be 5781.96, the low will be due 2/7/25. The 60 min 60-E-2 & Daily D-S-2 could negate the W-S-1.
A 60-E-1 has been confirmed and the 2nd UPRO Buy Signal of this UPRO Bull Cycle has been confirmed.