SPX Cycles

[northam43]

Today we have new cycle highs at the 60 min, Daily & Weekly levels.

Current possibilities for today:

The SPX remains in 60-E-2 with a projected high of 4174.81. If the SPX continues in 60-E-2 to the close, then tomorrow at the opening there will be the possibility of a 60-SC-2 (due 4/23/23) projected high 4211.70 & a UPRO Sell Signal will become active, sell price above 41.32.

Or today at the close of the 3rd hour there is the possibility of a 60-S-1 (due 4/15/23) projected low 4105.49. the low will be due at the 3rd hour, or at the close of the 5th hour there is the possibility of a 60-1 (due 4/17/23) projected low 4084.77, the low will be due today at the 5th hour.

If the 60 min closes today as a 60-1, then tomorrow there will be the possibility of a 60-E-1 (Overdue) projected low 4024.32. If the 60-E-1 is confirmed a UPRO Buy Signal will become active, buy price below 36.04.