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Bought, UPRO 100 shares at 46.26, this is due to the confirmation of the 60-SC-1, the 60-SC-1 has exceeded it's average duration
Could be a large upside move tomorrow. With the confirmation of the Daily D-S-1 today at the close, the Daily Bull Cycle projections have been reset, we could easily go to ALL TIME HIGHS from here.
SPX Cycles End of the Day Reports & Charts. Today at the close the Daily confirmed a D-S-1 (due 10/3/23) projected low 4424.92, the low was due today. Tomorrow during the trading day there is the possibility of a 60 min 60-S-2 (Overdue) projected high 4481.06, or a 60-2 (Overdue) projected high 4499.35, or a 60-E-2 (Overdue) projected high 4553.92, if the 60-2 gets confirmed the Daily D-S-2 (due 10/13/23) will likely get confirmed with a projected high of 4595.08, keep in mind that the Daily D-E-2 is overdue projected high 4784.78, and the Daily D-SC-2 is extremely overdue with a projected high of 4899.69 (ATH). It's been 25 Daily cycles since the last D-SC-2 was confirmed, the record is 28 cycles, so that means we could have 3 more Daily cycles before the D-SC-2 is confirmed or it could break the record. Tomorrow could be a large upside move.
Bought, UPRO 100 shares at 46.65, this is due to the 60-E-1 confirmation
SPX Cycles Update. Today at the close of the 2nd hour the 60 min confirmed both the 60-E-1 (Overdue) projected low 4420.37, and the 60-SC-1 (due 9/14/23) projected low 4362.24, the low is due today at the 5th hour. Due to the 60-E-1 getting confirmed a UPRO Buy Signal is currently active, buy price below 45.54, also due to the confirmation of the 60-SC-1, another UPRO Buy Signal is active, buy price below 43.71. Also due to the confirmation of the 60-SC-1 a SPXU Sell Signal is currently active, sell price above 11.43. Today at the close there is the possibility of a Daily D-S-1 (due 10/3/23) projected low 4424.92, the low is due today.
SPX Cycles End of the Day Reports & Charts. Tomorrow at the close of the 1st hour there is the possibility of a 60-1 (due 9/7/23) projected low 4486.76 or a 60-E-1 (Overdue) projected low 4420.37, if the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 45.51, this will be the 1st buy signal of this new UPRO Bull Cycle that started today. Tomorrow at the close of the 2nd hour there is the possibility of a 60-SC-1 (due 9/14/23) projected low 4362.24, 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 4365. So possibility of a large down day tomorrow, we shall see. Tomorrow at the close there is the possibility of a Daily D-E-2 (due 9/6/23) projected high 4692.06, the high will be due 9/22/23.
Breeze and I are pretty much in sync
If your wanting quality stuff from an E-waver, I would recommend following Breeze
SPX Wave Count Update. Wave (v) of 3 of (5) in play. Triangle breakout obj. is 4,935. Diamond breakout obj. 4,935.
https://www.siliconinvestor.com/readmsg.aspx?msgid=34404086
SPX Wave Count as of Friday.
https://www.tradingview.com/x/novyTHu8/
PokerSam, few on your forum have an understanding of Elliott Wave so when your wave counts get invalidated, they don’t know why. So provide some insights on why.
https://www.siliconinvestor.com/readmsg.aspx?msgid=34404386
SPX Cycles End of the Day Reports & Charts. Monday is a holiday the markets are closed. Tuesday during the 1st hour there is the possibility of a 60-S-2 (Overdue) projected high 4540.54, the high will be due at the 1st hour, or at the close of the 1st hour there is the possibility of a 60-1 (due 9/7/23) projected low 4486.76, the low will be due at the 1st hour. Wednesday at the close there is the possibility of a Daily D-E-2 (due 9/6/23) projected high 4692.06, the high will be due 9/22/23. Have a great weekend!
The UPRO Bull Cycle ends today. Due to the confirmation of the 60-S-2, the UPRO Bull Cycle ends today. This was the 11th UPRO Bull Cycle this year, the average is 14.4 cycles per year. This cycle lasted 31 trading days, the average cycle lasts 17.51 trading days. During this cycle there was 6 buy signals (60-E-1/60-SC-1), the average cycle has 2.70 buy signals. During this cycle I bought 200 shares of UPRO, average price 45.87, and I sold 200 shares of UPRO, sell price 48.39. I will carry forward 1000 shares of UPRO & 100 shares of SPXL to the next UPRO Bull Cycle that will start on Tuesday.
SPX Cycles Update. Today at the close of the 3rd hour the 60 min confirmed a 60-S-1 (Overdue) projected low 4509.53. Today during the 5th hour there is the possibility of a 60-S-2 (Overdue) projected high 4540.54, the high will be due today at the 5th hour, or at the close of the 5th hour there is the possibility of a 60-1 (due 9/7/23) projected low 4486.76, the low will be due today at the 5th hour.
SPX Cycles End of the Day Reports & Charts. Today at the close the Daily confirmed a D-2 (Overdue) projected high 4519.05 (reached), the high is due tomorrow. Tomorrow at the close of the 1st hour there is the possibility of a 60-S-1 (Overdue) projected low 4500.60, the low will be due tomorrow at the 1st hour. If the 60-S-1 is confirmed, the UPRO Bull Cycle will end and a new UPRO Bull Cycle will start on Tuesday. Monday the market is closed. Wednesday at the close there is the possibility of a Daily D-E-2 (due 9/6/23) projected high 4692.06, the high will be due 9/22/23.
The Daily has entered D-E-2 (due 9/6/23) territory, if the D-E-2 is confirmed at the close on 9/6/23, the projected high will be 4692.06, the high will be due 9/22/23. If the D-E-2 gets confirmed then the Weekly W-2 (due 4/15/24) will likely get confirmed at the close on 9/15/23, projected high 4826.84 (ATH), the high will be due 10/6/23.
The Daily has entered D-E-2 (due 9/6/23) territory, if the D-E-2 is confirmed at the close on 9/6/23, the projected high will be 4692.06, the high will be due 9/22/23. If the D-E-2 gets confirmed then the Weekly W-2 (due 4/15/24) will likely get confirmed at the close on 9/15/23, projected high 4826.84 (ATH), the high will be due 10/6/23.
SPX Cycles End of the Day Reports & Charts. The 60 min remains OB. Tomorrow at the 3rd hour the 60 min 60-SC-2 high is due, it has already exceeded it's projected high of 4505.14. Tomorrow at the close there is the possibility of a 60-S-1 (Overdue) projected low 4490.07, the low will be due tomorrow at the 7th hour. Also tomorrow at the close there is the possibility of a Daily D-2 (Overdue) projected high 4519.05 (reached) the high will be due Friday.
SPX Cycles Update. Today at the opening of the 3rd hour the 60 min confirmed a 60-SC-2 (Extreme Overdue) projected high 4505.14 (reached), the high is due tomorrow at the 3rd hour. Tomorrow at the close there is the possibility of a 60 min 60-S-1 (Overdue) projected low 4489.77, the low will be tomorrow at the 7th hour. Also tomorrow at the close there is the possibility of a Daily D-2 (Extreme Overdue) projected high 4519.05 (reached), the high will be due Friday.
SOLD, UPRO, 200 shares at 48.39.
-This is due to the confirmation of the 60-SC-2
-The 60-SC-2 projection has been exceeded
-The Weekly is not yet into W-2 territory
-The Daily D-2 projection has been exceeded
SPX Cycles End of the Day Reports & Charts. The 60 min is OB. Tomorrow at the opening of the 3rd hour there is the possibility of a 60-SC-2 (Extreme Overdue) projected high 4505.14, the high will be due Friday at the 3rd hour. If the 60-SC-2 is confirmed a UPRO Sell Signal will become active, sell price above 48.27. Thursday at the close there is the possibility of a Daily D-2 (Extreme Overdue) projected high 4519.05, the high will be due Friday. Keep in mind that the Daily D-SC-2 is extremely overdue with a projected high of 4804.73, the D-SC-2 could be confirmed at the open of 9/25/2023 and the high will be due 10/4/2023.
SPX Cycles Update. Today during the 1st hour the Daily confirmed a D-S-2 (due 10/13/23) projected high 4506.03, the high is due today. Today during the 2nd hour the Weekly confirmed a W-S-2 (due 11/17/23) projected high 4698.83, the high is due 9/8/23. Tomorrow at the opening of the 3rd hour there is the possibility of a 60 min 60-SC-2 (Extreme Overdue) projected high 4505.14, the high will be due Thursday at the 3rd hour. If the 60-SC-2 is confirmed a UPRO Sell Signal will become active, sell price above 48.29. Thursday at the close there is the possibility of a Daily D-2 (Extreme Overdue) projected high 4519.05, the high will be due Friday.
SPX Cycles Long Range Projection Chart. Today during the 2nd hour the Weekly confirmed a new Bull Cycle, W-S-2 (due 11/17/23) projected high 4698.83, the high is due next week. Keep in mind that the Weekly W-SC-2 is extremely overdue, projected high 5384.66, the W-SC-2 could be confirmed at the open on 2/9/2024, the high will be due 3/8/2024. To get to the W-SC-2, the Weekly has to 1st get to the W-2 (due 4/15/24), which could be confirmed at the close on 9/15/23, projected high 4826.84 (ATH), the high due 10/6/2023, then the W-E-2 (due 12/29/23) , which could be confirmed at the close on 10/20/2023, projected high 5301.27, the high will be due 1/12/2024. Then the W-SC-2 on 2/9/2024.
SPX Cycles Long Range Projection Chart. Today during the 2nd hour the Weekly confirmed a new Bull Cycle, W-S-2 (due 11/17/23) projected high 4698.83, the high is due next week. Keep in mind that the Weekly W-SC-2 is extremely overdue, projected high 5384.66, the W-SC-2 could be confirmed at the open on 2/9/2024, the high will be due 3/8/2024. To get to the W-SC-2, the Weekly has to 1st get to the W-2 (due 4/15/24), which could be confirmed at the close on 9/15/23, projected high 4826.84 (ATH), the high due 10/6/2023, then the W-E-2 (due 12/29/23) , which could be confirmed at the close on 10/20/2023, projected high 5301.27, the high will be due 1/12/2024. Then the W-SC-2 on 2/9/2024.
A new Daily & Weekly Bull Cycle have been confirmed. Target 4698.83 by next week.
SPX Cycles End of the Day Reports & Charts. Today at the close the 60 min confirmed a 60-E-2 (due 8/30/23) projected high 4465.67, the high is due tomorrow at the 6th hour. Tomorrow during the trading day there is the possibility of a Daily D-S-2 (due 10/13/23) projected high 4506.03, the high will be due tomorrow. The SPX just needs to get above 4446 for the D-S-2 to get confirmed. However, if the SPX can stay below 4446, there is the possibility tomorrow at the close the Daily can confirm the D-1 (Extreme Overdue) projected low 4326.99, the low was due today. If the D-S-2 gets confirmed tomorrow the Weekly will likely confirm a Weekly W-S-2 (due 11/17/23) projected high 4698.83, the high will be due next week.
Yes, it's going to blow, hopefully it takes one more dip tomorrow so the Daily D-1 can get confirmed.
Then blast off on Wed/Thu.
Doing good, keep it under 4445 until after the close tomorrow. I want that extreme overdue D-1 confirmed.
NO, keep it below 4445!
SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-2 (due 9/2/23) projected high 4412.15 (reached). Today at the close of the 5th hour there is the possibility of a 60 min 60-E-2 (due 8/30/23) projected high 4465.67, the high will be due tomorrow at the 6th hour. Today during the trading day there is the possibility of a Daily D-S-2 (due 10/13/23) projected high 4506.03, the high will be due today, or tomorrow at the close there is the possibility of a Daily D-1 (Extreme Overdue) projected low 4326.99, the low will be due today. If the D-S-2 gets confirmed the Weekly will likely confirm a W-S-2 (due 11/17/23) projected high 4698.93, the high will be due next week..
SPX Cycles Long Range Projection Chart. Today was a biggy. The Weekly confirmed a new Bear Cycle, W-S-1 (due 9/6/23) projected low 4349.85, the low was due this week. But with the confirmation of the W-S-1, the extreme overdue Weekly Bull Super Cycle (W-SC-2) was negated. So it remains on the table for possibly the next Weekly Bull Cycle. With the confirmation of the W-S-1, all of the Weekly Bull Cycle projections have been reset. So the projection of the W-SC-2 went from 4708 to 5384.66. Now if the Weekly Bear Cycle continues downward, then the 5384.66 projection will be adjusted lower based on the Weekly Bear Cycle low. So from here the Weekly can either go to a new bull cycle, possibly next week or it can continue down to the extreme overdue W-1 (which I am hoping for), if the Weekly Bear Cycle ends as a W-1, that will eliminate 13 Bear points and will turn the Weekly level bullish by +3. If the next Weekly Bull Cycle confirms the W-SC-2, which takes 24 weeks to confirm, because it has to go up the ladder through the W-S-2, then W-2, then W-E-2. Right now we have Bull Super Cycles at the 60 min, Daily & Weekly level that are extremely overdue. So the SPX could move up pretty quick. The Monthly M-2 has a projection of 5580.16, due by 11/30/23, so an ATH is very possible before the end of the year.
SPX Cycles Long Range Projection Chart. Today was a biggy. The Weekly confirmed a new Bear Cycle, W-S-1 (due 9/6/23) projected low 4349.85, the low was due this week. But with the confirmation of the W-S-1, the extreme overdue Weekly Bull Super Cycle (W-SC-2) was negated. So it remains on the table for possibly the next Weekly Bull Cycle. With the confirmation of the W-S-1, all of the Weekly Bull Cycle projections have been reset. So the projection of the W-SC-2 went from 4708 to 5384.66. Now if the Weekly Bear Cycle continues downward, then the 5384.66 projection will be adjusted lower based on the Weekly Bear Cycle low. So from here the Weekly can either go to a new bull cycle, possibly next week or it can continue down to the extreme overdue W-1 (which I am hoping for), if the Weekly Bear Cycle ends as a W-1, that will eliminate 13 Bear points and will turn the Weekly level bullish by +3. If the next Weekly Bull Cycle confirms the W-SC-2, which takes 24 weeks to confirm, because it has to go up the ladder through the W-S-2, then W-2, then W-E-2. Right now we have Bull Super Cycles at the 60 min, Daily & Weekly level that are extremely overdue. So the SPX could move up pretty quick. The Monthly M-2 has a projection of 5580.16, due by 11/30/23, so an ATH is very possible before the end of the year.
SPX Cycles End of the Day Reports & Charts. A lot happened today. Today at the close of the 5th hour the 60 min confirmed a 60-1 (Extreme Overdue) projected low 4363.86 (reached). Today during the 6th hour the 60 min confirmed a 60-S-2 (due 8/31/23) projected high 4394.22 (reached). Monday at the close of the 1st hour there is either the possibility of a 60-S-1 (Overdue) projected low 4387.60, the low will be due at the 1st hour, or a 60 min 60-2 (due 9/2/23) projected high 4412.15 (reached), the high will be due Monday at the 2nd hour. Today at the close the Daily confirmed a D-S-1 (Overdue) projected low 4344.11, the low was due today. The Daily Bull Cycle projections have been reset. During the trading day on Monday there is the possibility of a Daily D-S-2 (due 10/13/23) projected high 4506.03, the high will be due Monday, however, the Daily closed in D-1 (Extreme Overdue) territory, if the D-1 is confirmed Tuesday at the close the projected low will be 4326.99, the low will be due Monday (8/28/23). Today at the close the Weekly confirmed a W-S-1 (due 9/6/23) projected low is 4349.85, the low was due this week. The Weekly Bull Cycle projections have been reset. There is the possibility of a Weekly W-1 (Extreme Overdue) getting confirmed at the close on 9/8/23 with a projected low 4246.63, the low will be due 9/8/23. If the W-1 gets confirmed, it is worth 13 Bear points, so if the Weekly Bear Cycle ends in the W-1, the Weekly will turn Bullish by +3, since the Weekly W-SC-2 (Extreme Overdue) was negated today with the confirmation of the W-S-1, the W-SC-2 remains on the table for possibly the next Weekly Bull Cycle, the W-SC-2 has a new projected high of 5384.66, the W-SC-2 can last over 30 weeks.
Good job keeping the SPX below 4470. The Daily & Weekly confirmed a Bear Cycle today. If the D-1 gets confirmed Tuesday (the low is due Monday), we could have blast off on Wednesday.
SPX Cycles Update. Today at the close of the 3rd hour the 60 min confirmed a 60-S-1 (due 8/27/23) projected low 4386.00 (reached). Today at the close of the 5th hour there is the possibility of a 60 min 60-1 (Extreme Overdue) projected low 4363.86 (reached), the low will be due today at the 5th hour. Today at the close there is the possibility of a Daily D-S-1 (Overdue) projected low 4344.11, the low will be due today. Also today at the close there is the possibility of a Weekly W-S-1 (due 9/6/23) projected low 4349.85, the low will be due this week. Tuesday at the close there is the possibility of a Daily D-1 (Extreme Overdue) projected low 4326.99, the low will be due Monday (8/28/23). Thursday at the close there is the possibility of a Daily D-E-1 (due 10/12/23) projected low 4112.91, the low will be due 9/6/23.