Thursday, April 27, 2023 12:49:40 PM
SPX Cycles Update.
The 4th SPXU Bear Cycle this year ended yesterday at the close, the average is 11 cycles per year. This cycle lasted 31 trading days, the average is 22.08 trading days. During this cycle there was no buy signals, I did not add or sell any SPXU positions. Zero shares of SPXU will be carried forward to the next cycle that starts today.
Today at the close of the 3rd hour the 60 min confirmed a 60-2 (due 5/1/23) projected high 4101.28, today at the close there is the possibility of a 60 min 60-E-2 (Extreme Overdue) projected high 4151.03, the high will be due Monday at the 1st hour.
The 4th SPXU Bear Cycle this year ended yesterday at the close, the average is 11 cycles per year. This cycle lasted 31 trading days, the average is 22.08 trading days. During this cycle there was no buy signals, I did not add or sell any SPXU positions. Zero shares of SPXU will be carried forward to the next cycle that starts today.
Today at the close of the 3rd hour the 60 min confirmed a 60-2 (due 5/1/23) projected high 4101.28, today at the close there is the possibility of a 60 min 60-E-2 (Extreme Overdue) projected high 4151.03, the high will be due Monday at the 1st hour.
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