CHARTS_CCI_SYSTEM

[northam43]

The SPX 60 min today at the close of the 1st hour confirmed a 60-S-1 (Extreme Overdue) and put in a low at 2962.94, then during the 3rd hour the SPX 60 min confirmed a 60-S-2 (Overdue) and put in a high at 2972.84, then at the close of the 4th hour another SPX 60 min 60-S-1 was confirmed, the projected low is 2953.21. With the confirmation of the 60-S-1 this morning at the 1st hour, the Bull Cycle (SPXL) buy/Sell Cycle ended 10/11/19. This cycle lasted 20 trading days, the average is 18.42 trading days. There was 100 shares of SPXL carried forward from the previous cycle. There was 5 buy signals during this cycle. I added 2 SPXL positions (200 shares), no shares where sold during this cycle. 300 shares of SPXL will be carried forward to the next cycle which has started today. Current possibilities for the rest of today: A 60-1 (Overdue) at the close with a projected low of 2940.72, or a 60-S-2 with a projected high of 2988.12. Current possibilities for Friday: A SPX Weekly W-S-1 with a projected low of 2875.60, the low will be due Friday 10/18/19.

Updated SPX Cycles Daily Activity Reports