SPX Cycles Long Range Projection Chart. The Weekly W-SC-2 has been added, the Monthly M-E-2 has been added. The Weekly W-SC-2 (Extreme Overdue) has a good chance of getting confirmed at the opening on 9/1/23, projected high 4708.00, the high will be due 2/28/24 (based on the M-2 projected high, the W-SC-2 high should be exceeded. The Monthly M-2 (Overdue) is expected to be confirmed at the end of this month, projected high 5580.16, the high will be due 11/30/23, the Monthly is currently in M-E-2 (due 2/18/24) territory, the earliest the M-E-2 can be confirmed is 6/28/24, projected high 6473.28, the high will be due 2/28/25. The Quarterly is currently in Q-2 (Extreme Overdue) territory, the Q-2 is projected to be confirmed at the close on 9/30/23, projected high 7596.37, the high will be due 3/31/25. So over the next 2 years the SPX could gain another 4000 points.
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.