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SPX Cycles Update. Today at the close of the 1st hour the 60 min confirmed a 60-S-1 (Overdue) projected low 4351.64, today at the close of the 3rd hour there is the possibility of a 60-1 (Overdue) projected low 4329.67, the low will be due today at the 3rd hour, today at the close of the 6th hour there is the possibility of a 60-E-1 (due 6/26/23) projected low 4265.60, the low will be due Monday at the 3rd hour. Today at the close there is the possibility of a Daily D-S-1 (due 7/3/23) projected low 4337.27, the low will be due today. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 41.89.
Today the SPXU Bear Cycle ended. Due to the confirmation of the 60-S-2, the 60-SC-1 ended and the 6th SPXU Bear Cycle this year ended. The average is 11.67 cycles per year. This cycle lasted 19 trading days, the average cycle lasts 21.99 trading days. During this cycle there was no buy signals, the average buy signal per cycle is 0.22, the SPXU buy signal is the Daily D-SC-2 which is currently extremely overdue with a projected high of 4539.74. I don't have any shares of SPXU, so zero shares will be carried forward to the next SPXU Bear Cycle that starts tomorrow.
SPX Cycles End of the Day Reports & Charts. Today during the 6th hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4389.71. Tomorrow at the close of the 1st hour there is the possibility of a 60 min 60-2 (Extreme Overdue) projected high 4407.62, the high will be due tomorrow at the 2nd hour. Due to the confirmation of the 60-S-2, the 60-SC-1 ended, which ended the SPXU Bear Cycle, so tomorrow a new SPXU Bear Cycle will begin.
We are in a 60 min 60-SC-1 that is a bottom cycle.
Bought, UPRO, 100 shares at 45.18, this is due to the 60-SC-1 confirmation
SPX Cycles Update. Today at the close of the 6th hour the 60 min confirmed a 60-SC-1 (due 6/22/23) projected low 4273.11, the low is due tomorrow at the 2nd hour. Due to the confirmation of the 60-SC-1, a UPRO Buy Signal is active, buy price below 42.09, also due to the confirmation of the 60-SC-1 a SPXU Sell Signal is currently active, sell price above 11.95.
SPX Cycles Update. Today at the close of the 2nd hour the 60 min confirmed a 60-E-1 (Extreme Overdue) projected low 4330.06, due to the confirmation of the 60-E-1, a UPRO Buy Signal became active, buy price below 43.90. Today at the close of the 6th hour there is the possibility of a 60-SC-1 (due 6/22/23) projected low 4273.11, the low will be due tomorrow at the 2nd hour. If the 60-SC-1 is confirmed another UPRO Buy Signal will become active, buy price below 42.12. Also if the 60-SC-1 is confirmed a SPXU Sell Signal will become active, sell price above 11.95.
SPX Cycles End of the Day Reports & Charts. Tomorrow at the close of the 1st hour, there is the possibility of a 60-E-1 (Extreme Overdue) projected low 4330.06, 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 44.03. The Daily & Weekly remain OB.
SPX Cycles Update. Today at the close of the 2nd hour the 60 min confirmed a 60-1 (Overdue) projected low 4395.10, today at the close of the 5th hour there is the possibility of either a 60-E-1 (Extreme Overdue) projected low 4330.06, the low will be due tomorrow at the 2nd hour, or a 60-S-2 (Overdue) projected high 4405.21, the high will be due today at the 5th hour. If the 60-E-1 gets confirmed today a UPRO Buy Signal will become active, buy price below 44.02. Currently the Daily & Weekly are in a OB condition.
UPRO Bull Cycle Ended Today. Due to the confirmation of the 60-S-1 today at the close the 7th UPRO Bull Cycle of this year has ended. The average number of UPRO Bull Cycles per year is 13.6. This cycle lasted 13 trading days the average is 18.46 trading days. There was no buy signals this cycle, the average is 2.78 buy signals per cycle. During this cycle I sold 400 shares of UPRO at an average price of 45.775 per share. A new UPRO Bull Cycle will be starting on Tuesday. 1000 shares of UPRO & 100 shares of SPXL will be carried forward to the new cycle.
It doesn't look like it's over, this 60-SC-2 has the potential of being a record breaking one.
I have 5 more positions that could turn green next week. These are positions that got stuck on the way down, so it's what I consider bonus money.
SOLD UPRO 200 Shares at 46.55, the 60-SC-2 has exceeded it's average duration and projected high.
SOLD UPRO 200 Shares at 46.55, the 60-SC-2 has exceeded it's average duration and projected high.
SOLD 200 shares of UPRO at 45.00
These 2 positions were above 10% gain
The sell limit order for 400 shares has been cancelled.
SOLD 200 shares of UPRO at 45.00
These 2 positions were above 10% gain
The sell limit order for 400 shares has been cancelled.