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SPX Cycles End of the Day Reports & Charts. Today during the 3rd hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4253.16 (reached), put in a high at 4257.62 during the 4th hour. Due to the confirmation of the 60-S-2, the SPXU Bear Cycle ended today. This was the 13th SPXU Bear Cycle this year, the average is 12.83 cycles per year. This cycle lasted only 5 trading days, the average is 21.08 trading days. There was no buy signal (D-SC-2) during this cycle. The D-SC-2 is extremely overdue with a projected high of 4650.50. I didn't buy or sell any SPXU during this cycle. Tomorrow a new SPXU Bear Cycle begins. Today at the close of the 5th hour the 60 min confirmed a 60-S-1 (Overdue) projected low 4227.88 (missed), put in a low at 4231.85 during the 6th hour. Today during the 7th hour the 60 min confirmed another 60-S-2 (due 10/10/23) projected high 4268.69. Today at the close the Daily confirmed a D-SC-1 (due 3/12/24) projected low 4078.43, the Daily low could be in at 4216.45. Tomorrow at the close of the 2nd hour there is the possibility of a 60-2 (due 10/10/23) projected high 4286.12, the high will be due tomorrow at the 3rd hour. Friday during the trading day there is the possibility of a Daily D-S-2 (due 11/3/23) projected high 4360.68, the high will be due Friday. Friday at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low is due this week. Keep in mind that the 60 min 60-E-2 (4338.11) & 60-SC-2 (4376.44) are both overdue. If the 60-SC-2 gets confirmed the Monthly M-S-1 could be negated and the Monthly M-2 will continue in it's 6th month with a projected high of 5580.16 (ATH), the high will be due 11/30/23.
SPX Cycles End of the Day Reports & Charts. The Daily is OS. Tomorrow during the trading day there is the possibility of a 60-S-2 (Overdue) projected high 4253.16. Tomorrow at the close there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the Daily low could be in at 4216.45. Friday during the trading day there is the possibility of a Daily D-S-2 (due 11/3/23) projected high 4360.68, the high will be due Friday. Friday at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due this week.
SPX Cycles Update. Today at the close of the 3rd hour the 60 min confirmed a 60-SC-1 (due 10/19/23) projected low 4162.34, the low is due today at the 5th hour. Due to the confirmation of the 60-SC-1, a UPRO Buy Signal is currently active, buy price below 37.52, this is the 8th UPRO buy signal of this UPRO Bull Cycle, the last time the UPRO had 8 buy signals during a UPRO Bull Cycle was 3/13/23, also a SPXU Sell Signal is currently active, sell price above 13.05. Tomorrow during the trading day there is the possibility of a 60-S-2 (Overdue) projected high 4253.16. Tomorrow at the close there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low could be in at 4216.45. Friday during the trading day there is the possibility of a Daily D-S-2 (due 11/3/23) projected high 4363.33, the high will be due Friday. Friday at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due Friday.
SPX Cycles End of the Day Reports & Charts. Tomorrow during the 1st hour there is the possibility of a 60-S-2 (due 10/3/23) projected high 4297.30, the high will be due at the 1st hour, if the 60-S-2 doesn't get confirmed, then at the close of the 3rd hour there is the possibility of a 60 min 60-SC-1 (due 10/19/23) projected low 4162.34, the low will be due tomorrow at the 5th hour. If the 60-SC-1 is confirmed a UPRO Buy Signal will become active, buy price below 37.49, also a SPXU Sell Signal will become active, sell price above 13.00. Wednesday at the close there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the Daily low could be in at 4238.63. Friday at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due Friday.
Bought, UPRO 100 shares at 40.80. This is due to the confirmation of the 60-E-1.
SPX Cycles Long Range Projection Chart. It's looking like the Weekly has a good chance of getting the W-1 confirmed at the close on Friday. The W-1 average duration is 4 weeks, this is the 3rd week, so if the W-1 gets confirmed on Friday, next week the Weekly could start heading upwards for a new Weekly Bull Cycle. The chances of getting the Monthly M-S-1 confirmed at the end of this month, is currently pretty slim. There are several Bull Cycle below the Monthly that can push the Monthly back into bull territory above 4363.21. With the Quarterly confirming the extreme overdue Q-2, I expect we will be seeing some large upside moves within the next few months, the Q-2 is projected to get to 7596.37 by 3/31/25 that's about 3327.78 points within about 17 months, which averages about 196 points a month.
SPX Cycles Long Range Projection Chart. It's looking like the Weekly has a good chance of getting the W-1 confirmed at the close on Friday. The W-1 average duration is 4 weeks, this is the 3rd week, so if the W-1 gets confirmed on Friday, next week the Weekly could start heading upwards for a new Weekly Bull Cycle. The chances of getting the Monthly M-S-1 confirmed at the end of this month, is currently pretty slim. There are several Bull Cycle below the Monthly that can push the Monthly back into bull territory above 4363.21. With the Quarterly confirming the extreme overdue Q-2, I expect we will be seeing some large upside moves within the next few months, the Q-2 is projected to get to 7596.37 by 3/31/25 that's about 3327.78 points within about 17 months, which averages about 196 points a month.
SPX Cycles Update. Friday at the close the Quarterly confirmed a Q-2 (Extreme Overdue) the projected high is 7596.37, the high is due 3/31/2025. Today the Monthly opened in an UNCONFIRMED M-S-1 (due 11/23/25) if the M-S-1 is confirmed at the close on 10/31/23, the projected low will be 4030.62, the low will be due this month. For the Monthly M-S-1 to get confirmed, the SPX must remain below the Monthly UTL (currently at 4363.21) until the close on 10/31/23. Today at the close of the 3rd hour the 60 min confirmed a 60-E-1 (Overdue) projected low 4217.81. Due to the confirmation of the 60-E-1 a UPRO Buy Signal is currently active, buy price below 39.11. This is the 7th UPRO Buy Signal of this UPRO Bull Cycle. The last time we had a UPRO 7th buy signal was March, it was followed by a 8th buy signal, which was the bottom. Tomorrow at the close of the 3rd hour there is the possibility of a 60-SC-1 (due 10/19/23) projected low 4162.34, the low will be due tomorrow at the 5th hour. If the 60-SC-1 is confirmed another UPRO Buy Signal will become active, buy price below 37.52, also a SPXU Sell Signal will become active with a sell price above 13.00. Wednesday at the close there is the possibility of a Daily D-SC-1 (cue 3/12/23) projected low 4078.43. Friday during the trading day there is the possibility of a Daily D-S-2 (due 11/3/23) projected high 4383.62, the high will be due Friday. Friday at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23. This could be a very interesting month.
SPX Cycles End of the Day Reports & Charts: Today at the close of the 4th hour the 60 min confirmed a 60-S-1 (due 10/3/23) projected low 4302.88 (reached). Monday at the close of the 1st hour there is the possibility of a 60-1 (Overdue) projected low 4281.16 (reached) or during the 1st hour there is the possibility of a 60-S-2 (due 10/3/23) projected high 4312.08, the high will be due at the 1st hour. If the 60-1 is confirmed, then at the close of the 3rd hour there is the possibility of a 60 min 60-E-1 (Overdue) projected low 4217.81, the low will be due Monday at the 6th hour. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 39.15. Wednesday at the close there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low was due today. Friday at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due Friday. So next week the low could be put in. Keep in mind that the UPRO Bull Cycle is overdue for a sell signal (60-SC-2). The 60 min 60-SC-2 is overdue with a projected high of 4420.92.
SPX Cycles End of the Day Reports & Charts. Today at the close of the 4th hour the 60 min confirmed a 60-2 (due 10/1/23) projected high 4319.06. Tomorrow at the close of the 1st hour there is the possibility of a 60-S-1 (due 10/3/23) projected low 4287.11, the low will be due tomorrow at the 1st hour or at the close of the 1st hour there is the possibility of a 60 min 60-E-2 (Overdue) projected high 4371.45, the high will be due Monday at the 2nd hour. Wednesday at the close there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low will be due tomorrow. At the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23. The UPRO Bull Cycle is overdue for a sell signal (60-SC-2). The 60 min 60-SC-2 is overdue, projected high 4410.08.
SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-S-1 (Overdue) projected low 4260.96, put in a low at 4264.38, then during the 2nd hour the 60 min confirmed a 60-S-2 (due 10/3/23) projected high 4301.51 (reached). Today at the close of the 4th hour there is the possibility of a 60-2 (due 10/1/23) projected high 4319.06, the high will be due today at the 5th hour. Wednesday at the close there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low will be due tomorrow. At the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23.
SPX Cycles End of the Day Reports & Charts. Today during the 7th hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4275.53 (reached). The SPXU Bear Cycle has ended, this was the 12th SPXU Bear Cycle this year, the average is 12.67 cycles per year. This cycle lasted 6 trading days, the average is 21.21 trading days. During this cycle there was no buy signals (D-SC-2). The Daily D-SC-2 is extremely overdue with a projected high of 4674.96. I didn't buy or sell any SPXU during this cycle. Tomorrow a new SPXU Bear Cycle will start. Tomorrow at the close of the 1st hour there is the possibility of a 60 min 60-S-1 (Overdue) projected low 4260.96, the low will be due at the 1st hour, or at the close of the 2nd hour, there is the possibility of a 60 min 60-2 (due 10/1/23) projected high 4292.98, the high will be due tomorrow at the 3rd hour. At the close on 10/4/23 there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low will be due Friday (9/29/23). Then at the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23.
Possibly another 50 pts
2 Weeks for the W-1 to get confirmed
SPX Cycles Long Range Projection Chart. The Weekly Bear Cycle (W-S-1) put in a new cycle low at 4265.98, that has exceeded the projected low of 4287.87. At the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23. The Monthly is currently in Bear territory (M-S-1, due 11/23/25) projected low 4030.62, however the earliest the M-S-1 can be confirmed is at the close on 10/31/23. For the Monthly M-S-1 to be confirmed the SPX will have to remain below the Monthly UTL (currently at 4375.74) until the close on 10/31/23. Right now the following Bull Cycles have projected highs above 4375.74: 60 min 60-SC-2 (Overdue) projected high 4411.74, D-S-2 (due 11/3/23) projected high 4411.90 & Weekly W-S-2 (due 5/1/24) projected high 4595.91.
SPX Cycles Long Range Projection Chart. The Weekly Bear Cycle (W-S-1) put in a new cycle low at 4265.98, that has exceeded the projected low of 4287.87. At the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23. The Monthly is currently in Bear territory (M-S-1, due 11/23/25) projected low 4030.62, however the earliest the M-S-1 can be confirmed is at the close on 10/31/23. For the Monthly M-S-1 to be confirmed the SPX will have to remain below the Monthly UTL (currently at 4375.74) until the close on 10/31/23. Right now the following Bull Cycles have projected highs above 4375.74: 60 min 60-SC-2 (Overdue) projected high 4411.74, D-S-2 (due 11/3/23) projected high 4411.90 & Weekly W-S-2 (due 5/1/24) projected high 4595.91.
SPX Cycles End of the Day Reports & Charts. The Daily remains OS. Tomorrow during the trading day there is the possibility of a 60 min 60-S-2 (Overdue) projected high 4303.12. At the close on 10/4/23 there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low will be due Friday (9/29/23). Then at the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23.
SPX Cycles End of the Day Reports & Charts. The Daily is OS. Today I bought my 5th UPRO position (which is the max I can buy) during this UPRO Bull Cycle which is currently in it's 15th trading day, the average for a UPRO Bull Cycle is 17.48 trading days. Tomorrow during the 1st hour there is the possibility of a 60-S-2 (Overdue) projected high 4340.16, the high will be due at the 1st hour. At the close on 10/4/23 there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low will be due Friday (9/29/23). At the close on 10/6/23 there is the possibility of a Weekly W-1 (Extremely Overdue), the weekly is currently in W-1 territory, projected low 4185.96, the low will be due 10/6/23. Tomorrow if the 60-S-2 is confirmed during the 1st hour, the SPXU Bear Cycle will end today at the close, and a new SPXU Bear Cycle will start tomorrow.
Bought, UPRO 100 shares at 42.40, this is due to the confirmation of the 60-SC-1. The 60-SC-1 has exceeded it's average duration.
SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-SC-1 (due 10/14/23) projected low 4285.18, the low is due today at the 4th hour. Due to the confirmation of the 60-SC-1 a UPRO Buy Signal is currently active, buy price below 41.12, also a SPXU Sell Signal is active, sell price above 11.95. At the close on 10/4/23 there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low will be due Friday (9/29/23). At the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23. The W-1 is worth 14 Bear points.
SPX Cycles End of the Day Reports & Charts. The 60 min remains OS. Today at the close the Daily confirmed a D-E-1 (due 10/11/23) projected low 4163.47, the low is due Thursday. Also today at the close the Weekly confirmed a W-S-1 (due 2/10/24) projected low 4287.87, the low was due this week. Monday at the close of the 1st hour there is the possibility of a 60-SC-1 (due 10/15/23) projected low 4285.18, the low will be due Monday at the 4th hour. If the 60-SC-1 is confirmed a UPRO Buy Signal will become active, buy price below 41.13, also a SPXU Sell Signal will become active, sell price above 11.93.
Right now my system is showing (based in current cycle averages) a end of the year range of 4672.06 to 5084.59
I believe going into November we could be in the Daily/Weekly Bull Super Cycles. So it is very possible that we hit an ALL TIME HIGH before the end of the year.
I believe the Weekly is possibly headed for the extreme overdue W-1, the earliest it can be confirmed is at the close on 10/6/23, projected low 4185.96, the low will be due 10/6/23. If the W-1 gets confirmed it will eliminate 14 Bear points.
Right now the Weekly level is Bearish by -12
Today at the close the Weekly W-S-1 is expected to be confirmed so that will end the W-S-2 which is worth 1 Bull point, so that will make the Weekly Bearish by -13
Since the Weekly ends as a W-S-2, the Weekly Bulls get an additional 3 points from the W-2 (1), W-E-2(1) & W-SC-2(1), so that will put the Weekly level Bearish by -10
If the W-1 gets confirmed, the Bears add a point from the W-S-1, which will put the Weekly Bears at -11
If the Weekly ends as a W-1, then 14 Bear points will be eliminated, making the Weekly Bullish by 3 points
However, by the Weekly ending as a W-1, the Bears will get 2 additional points for the W-E-1 (1) & W-SC-1 (1), so that will put the Weekly Bullish by only 1 point.
Right now the 60 min level is Bullish by 5 points & the Daily level is Bullish by 6 points.
So the downside is limited, I doubt the W-1 projected target of 4185.96 will be reached.
The problem with that is we have 3 Bull Super Cycles that are either overdue or extreme overdue.
60 min 60-SC-2 (Overdue) projected high 4477.09
Daily D-SC-2 (Extreme Overdue) projected high 4774.82
Weekly W-SC-2 (Extreme Overdue) projected high 5384.66
The only Bear Super Cycle that is overdue is the Quarterly Q-SC-2 (Extreme Overdue) projected low 1240.51, that is not going to happen until we have a Yearly Bear Cycle. Right now the Yearly Bull Cycle (Y-E-2) remains in strong Bull territory. The Yearly has been OB since 2014 and doesn't look like it will end any time soon. The Y-E-2 projected high is 10331.27, the high is due 12/31/2034.
SPX Cycles End of the Day Reports & Charts. The 60 min is OS. Tomorrow at the close there is the possibility of a Daily D-E-1 (due 10/12/23) projected low 4162.45, the low will be due 9/28/23. Also tomorrow at the close there is the possibility of a Weekly W-S-1 (due 2/10/24) projected low 4287.87, the low will be due this week. Monday at the close of the 1st hour there is the possibility of a 60-SC-1 (due 10/15/23) projected low 4285.18, the low will be due Monday at the 4th hour. If the 60-SC-1 is confirmed a UPRO Buy Signal will become active, buy price below 41.18, also a SPXU Sell Signal will become active, sell price above 11.92.
UPRO Limit Order 100 shares at 42.86 has been filled.
SPX Cycles Update. Today at the close of the 5th hour the 60 min confirmed a 60-E-1 (due 9/25/23) projected low 4342.29, the low is due tomorrow at the 2nd hour. Due to the confirmation of the 60-E-1 a UPRO Buy Signal is currently active, buy price below 42.86. Friday at the close there is the possibility of a Daily D-E-1 (due 10/12/23) projected low 4162.45, the low will be due 9/28/23. Also at the close on Friday there will likely be a confirmed Weekly W-S-1 (due 2/10/24) projected low 4287.87, the low is due this week. Monday at the close of the 1st hour there is the possibility of a 60-SC-1 (due 10/15/23) projected low 4285.18, the low will be due Tuesday at the 4th hour. If the 60-SC-1 is confirmed, another UPRO Buy Signal will become active, buy price below 41.15, also a SPXU Sell Signal will become active, sell price above 11.94.
That's weird.
You must have clicked on a I-HUB ad or something.
SPX Cycles Update. Today at the close of the 2nd hour the 60 min confirmed a 60-1 (due 9/25/23) projected low 4407.51 (reached). Today at the close of the 5th hour there is the possibility of a 60-E-1 (due 9/25/23) projected low 4342.29, the low will be due tomorrow at the 2nd hour. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 42.88. Friday at the close there is the possibility of a Daily D-E-1 (due 10/12/23) projected low 4162.45, the low will be due 9/28/23. Also at the close on Friday there is the possibility of a Weekly W-S-1 (due 2/10/24) projected low 4287.87, the low is due this week.
You worry too much. It's looking like we may get a Weekly Bear Cycle W-S-1 or W-1. The W-1 is extremely overdue, it's been 14 Weekly Cycles since a W-1 has been confirmed the average is 4 cycles, the record is 11 cycles, so this will be a new record. The W-1 could get confirmed on 10/6/23, the projected low will be 4185.96, the low will be due 10/6/23. It will be a great buying opportunity. The W-1 is worth 14 Bear points, the Weekly level is currently Bearish by -12 points, 14-12 = 2, the current W-S-2 is worth 1 Bull point, 2-1 =1, the W-2(due 4/15/24), W-E-2 (due 12/29/23), & W-SC-2 (Extreme Overdue) will each get a point (+3), 1+3 =4, so the Weekly level will become bullish by +4 in October if the W-1 is confirmed.
Right now the 60 min level is bullish by +6 & the Daily level is also bullish by +6.
If the Daily Bear Cycle ends as D-1 that will eliminate 20 Daily Bear points, which will put the Daily Bullish by +26, the D-E-1 & D-SC-1 will each get 1 Bear point (2) (26-2 = 24) which will make the Daily level Bullish by +24 if the Daily ends as a D-1.
The Daily D-SC-2 is extremely overdue with a projected high of 4801.35.
The Weekly W-SC-2 is extremely overdue with a projected high of 5384.66 (ATH)
So if these Super Cycles start in October we could see ALL TIME HIGH at end of November or by the 2nd week of December.
SPX Cycles End of the Day Reports & Charts. Today at the close the 60 min confirmed a 60-S-1 (Overdue) projected low 4429.87 (reached). Also today at the close the Daily confirmed a D-1 (Extreme Overdue) projected low 4379.10, the question now is does the Daily end with the D-1 or does it continue to the D-E-1, right now it's in D-E-1 territory. Tomorrow at the close of the 2nd hour there is the possibility of a 60 min 60-1 (due 9/25/23) projected low 4407.51 (reached), the low will be due tomorrow at the 2nd hour. Tomorrow at the close of the 5th hour there is the possibility of a 60 min 60-E-1 (due 9/25/23) projected low 4342.29, the low will be due Friday at the 2nd hour. Then Friday at the close there is the possibility of a Daily D-E-1 (due 10/12/23) projected low 4162.45, the low will be due 9/28/23. Also Friday at the close there is now a good possibility that the Weekly may confirm a W-S-1 (due 2/10/24) projected low 4287.87, the low will be due this week. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 42.90.
Gleno, yes UPRO will decay in price overtime, about $10 per quarter. It does pay a quarterly dividend of 0.36 per share.
I bought UPRO at 63.14 on 4/1/22 the SPX was at 4545.86
On July 18th UPRO was at 50.67 and the SPX was at 4554.98
So over that 3 1/2 months the price of UPRO deteriorated by 12.47
So for me to make a profit off of this position the SPX will have to get above 5000
After a long period of time I may decide to sell it for a tax write off.
Right now my cost average is 54.32 the SPX will have to get above 4750 to break even with my current positions.
So far this year I have bought 1000 shares and sold 1300 shares, year to date I am up $13566