SPX Cycles Update. Still on vacation, so will be a short report. The 60 min & Weekly are OB. Today the Weekly, Monthly & Quarterly put in a new cycle high at 4488.34. The Quarterly today closed in Q-E-2 (due 5/9/2029) territory, it still has another 10 Quarters before the Q-E-2 can be confirmed, the Q-E-2 has a projected high of 19001.05, the high won't be due for another 32 Quarters (8 years) which will be 2031. The current Bull Market high is due 12/31/2034, projected high 10331.27. Tomorrow at the opening of the 5th hour there is the possibility of a 60-SC-2 (due 7/21/23) projected high 4539.91, the high will be due Friday at the 4th hour. Also tomorrow at the close there is the possibility of a Daily D-2 (due 8/1/23) projected high 4546.83, the high will be due Friday. If the 60-SC-2 is confirmed a UPRO Sell Signal will become active, sell price above 50.25.
