Thursday, December 03, 2020 4:26:30 PM
End of the Day Reports & Charts:
The SPX today put in a new ATH of 3682.73. On the SPX 60 min chart: The 60 min closed below it's UTL, so tomorrow at the close of the 1st hour a 60-S-1 could be confirmed, the projected low of 3658.67, has already been exceeded or if the futures are up overnight, the 60 min could confirm a 60-SC-2 tomorrow at the opening of the 6th hour, with a projected high of 3760.24 (ATH). On the SPX Daily chart: The Daily is likely to confirm a D-SC-2 at the open, the projected high of 3571.19, has already been exceeded, the high will be due 12/16/20. If the D-SC-2 is confirmed a SPXS Bear Cycle Buy Signal will become active until the D-SC-2 ends. On the SPX Weekly chart: The Weekly continues towards the projected high of 3881.83 due 2/5/21.
The SPX today put in a new ATH of 3682.73. On the SPX 60 min chart: The 60 min closed below it's UTL, so tomorrow at the close of the 1st hour a 60-S-1 could be confirmed, the projected low of 3658.67, has already been exceeded or if the futures are up overnight, the 60 min could confirm a 60-SC-2 tomorrow at the opening of the 6th hour, with a projected high of 3760.24 (ATH). On the SPX Daily chart: The Daily is likely to confirm a D-SC-2 at the open, the projected high of 3571.19, has already been exceeded, the high will be due 12/16/20. If the D-SC-2 is confirmed a SPXS Bear Cycle Buy Signal will become active until the D-SC-2 ends. On the SPX Weekly chart: The Weekly continues towards the projected high of 3881.83 due 2/5/21.
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