Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Anytime, it's overdue. But with the futures up 30, doesn't look like it's happening today.
SPX Cycles Long Range Projection Chart. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4582.47. The Weekly remains OB. A pull back of 100 pts or more is likely in the short term. The Monthly is expected to confirm the M-2 (Overdue) at the close of the month, projected high 5580.16, the high will be due 11/30/2023.
SPX Cycles Long Range Projection Chart. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4582.47. The Weekly remains OB. A pull back of 100 pts or more is likely in the short term. The Monthly is expected to confirm the M-2 (Overdue) at the close of the month, projected high 5580.16, the high will be due 11/30/2023.
SPX Cycles End of the Day Reports & Charts. The Weekly remains OB. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4582.47. Today during the 6th hour the 60 min confirmed a 60-S-2 (7/27/23) projected high 4592.37. Tomorrow at the close of the 1st hour there is the possibility of a 60-2 (due 8/5/23) projected high 4611.11. With the Bull/Bear Strength meter at -42.50, we should be seeing a large decline (100 pts or more) in the short term.
SPX Cycles End of the Day Reports & Charts. The Daily & Weekly are OB. Today the Weekly, Monthly & Quarterly put in cycle highs at 4580.62. Today at the close the 60 min confirmed a 60-E-2 (due 7/25/23) projected high 4661.64, the high is due Thursday at the 1st hour. Tomorrow the 60-E-2 will either continue or a 60-S-1 (due 7/29/23) will get confirmed with a projected low of 4548.62.
SPX Cycles End of the Day Reports & Charts. Today at the close the 60 min confirmed a 60-S-1 (due 7/26/23) projected low 4531.53. Tomorrow during the 1st hour there is a possibility of a 60 min 60-S-2 (due 7/27/23) projected high 4587.05, the high will be due tomorrow at the 1st hour, or tomorrow at the close of the 2nd hour there is the possibility of a 60-1 (due 8/2/23) projected low 4508.66, the low will be due tomorrow at the 2nd hour. Tomorrow at the close of the 5th hour there is the possibility of the 60 min confirming a 60-E-1 (Overdue) projected low 4508.66, the low will be due Wednesday at the 2nd hour. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 46.81.
The 60 min 60-E-1 & 60-SC-1 are overdue, SPX could drop to 4381.
That would negate the Daily D-SC-2 and open the door for the extreme overdue D-1 & D-E-1.
Then we could see ATH by end of August.
We are having an up day in a 60 min Bear Cycle, wonder what the Bull Cycle will do?
SPX Cycles End of the Day Reports & Charts. The Daily & Weekly remain overdue. Tomorrow during the 1st hour there is the possibility of a 60-S-2 (Extreme Overdue) projected high 4566.98, the high will be due at the 1st hour, or at the close of the 1st hour there is the possibility of a 60-E-1 (Overdue) projected low 4456.56, the low will be due tomorrow at the 4th hour. Right now it doesn't look like either will get confirmed during the 1st hour. Tomorrow a new UPRO Bull Cycle starts. If the 60-E-1 gets confirmed a UPRO Buy Signal will become active, buy price below 47.34.
SPX Cycles Update. Today at the close of the 4th hour the 60 min confirmed a 60-1 (Overdue) projected low 4523.50. Today during the closing hour there is the possibility of a 60-S-2 (Extreme Overdue) projected high 4580.95, the high will be due at the 7th hour, or a 60-E-1 (Overdue) projected low 4456.56, the low will be due tomorrow at the 4th hour. At this point neither of them is likely. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 47.29.
Due to the confirmation of the 60-S-1 this morning, the 10th UPRO Bull Cycle this year has ended. The average UPRO Bull Cycles per year is 14.2, so that means we could have 4 or more cycles this year. This cycle lasted 4 trading days, the average is 17.29 trading days, so it was a very short cycle, I expect the next one will be more average, the last 6 cycles have been below average. During this cycle there was no buy signals, the average cycle has 2.74 buy signals. This year there has been 31 buy signals, an average of 3 buy signals per cycle. If you look at the signal chart, at the sell (UPRO) & the buy (UPRO), you will see that all 31 buy signals have been profitable. I have only bought 8 of them so far this year, guess I need to trust my system more, LOL!!! During this cycle I sold 1 UPRO position (it had gained more than 10%). This year I have sold 1100 shares of UPRO for a 57.06% gain. Tomorrow a new UPRO Bull Cycle starts, I expect it to be average, the next 60-SC-2 (Sell Signal) is not due until 8/10/23.
Due to the confirmation of the 60-S-1 this morning, the 10th UPRO Bull Cycle this year has ended. The average UPRO Bull Cycles per year is 14.2, so that means we could have 4 or more cycles this year. This cycle lasted 4 trading days, the average is 17.29 trading days, so it was a very short cycle, I expect the next one will be more average, the last 6 cycles have been below average. During this cycle there was no buy signals, the average cycle has 2.74 buy signals. This year there has been 31 buy signals, an average of 3 buy signals per cycle. If you look at the signal chart, at the sell (UPRO) & the buy (UPRO), you will see that all 31 buy signals have been profitable. I have only bought 8 of them so far this year, guess I need to trust my system more, LOL!!! During this cycle I sold 1 UPRO position (it had gained more than 10%). This year I have sold 1100 shares of UPRO for a 57.06% gain. Tomorrow a new UPRO Bull Cycle starts, I expect it to be average, the next 60-SC-2 (Sell Signal) is not due until 8/10/23.
SPX Cycles Update. Today at the close of the 2nd hour the 60 min confirmed a 60-S-1 (Overdue) projected low 4546.45. With the confirmation of the 60-S-1, the 10th UPRO Bull Cycle this year has ended, a new UPRO Bull Cycle will start tomorrow. Today at the close of the 4th hour is the possibility of a 60-1 (Overdue) projected low 4523.50, the low will be due today at the 4th hour.
SPX Cycles Long Range Projection Chart. The Weekly remains OB. Today again the Weekly, Monthly & Quarterly made new cycle highs at 4578.43. The Monthly M-S-2 has exceeded it's projection, however, the Monthly is currently in M-2 territory, which is expected to be confirmed at the close of the month with a projected high of 5580.16, the high will be due 11/30/23. Possibility of an ATH next month by 8/20/23.
SPX Cycles Long Range Projection Chart. The Weekly remains OB. Today again the Weekly, Monthly & Quarterly made new cycle highs at 4578.43. The Monthly M-S-2 has exceeded it's projection, however, the Monthly is currently in M-2 territory, which is expected to be confirmed at the close of the month with a projected high of 5580.16, the high will be due 11/30/23. Possibility of an ATH next month by 8/20/23.
SPX Cycles End of the Day Reports & Charts. The Daily & Weekly are OB. Today the Weekly, Monthly & Quarterly again made new cycle highs at 4578.43. Tomorrow either the 60-SC-2 continues towards it's projected high of 4653.30, which is due tomorrow at the 4th hour, or a 60-S-1 (Overdue) is confirmed, projected low 4546.45.
SOLD, UPRO, 100 shares at 50.96, this is due to the 60-SC-2 getting confirmed, also this position had over a 10% gain.
We will eventually get the 60-S-1. A lot of times the S-1 & S-2 cycles are just continuation cycles, when they get confirmed they reset the Bull or Bear cycle projections. It happens mostly at the 60 min level.
Eventually we will get a Daily D-1 & D-E-1. It's been 16 Daily cycles since a D-1 has been confirmed, the record is 21 cycles, so that means in the next 5 Daily cycles a D-1 should get confirmed. It's been 10 Daily cycles since the D-E-1 has been confirmed, the record is 16, so within 6 Daily cycles we should get a D-E-1.
It will normally reach the low range.
If the 60-SC-2 gets confirmed today, I will be selling at least one UPRO position (that has gained over 10%) by the close.
If we are in a D-SC-2, we will likely get the 60-SC-2 (which will be the 2nd one of this Daily cycle) today and then another one around the middle of August. The D-SC-2 averages about 3 60-SC-2 cycles.
That happens when the big bull cycles get confirmed. They slaughter the bears.
SPX Cycles End of the Day Reports & Charts. The 60 min, Daily & Weekly are OB. Today the Weekly, Monthly & Quarterly put in new cycle highs at 4562.30. Today at the close the Daily confirmed a D-E-2 (due 8/23/23) projected high 4729.88, the high is due 8/4/23. Tomorrow at the opening of the 5th hour, there is the possibility of a 60-SC-2 (due 8/4/23) projected high 4653.30, the high will be due Thursday at the 4th hour. If the 60-SC-2 is confirmed a UPRO Sell Signal will become active, sell price above 53.93.
The SPX is only 267 pts from the ATH. With only 41% bullish. 33% are not committed yet. 26% bears, about to get slaughtered.
Start looking for SPX 100 days, the large Bull Cycles are in play M-2 getting confirmed end of the month, Q2 coming the end of September.