SPX Cycles

[northam43]

SPX Cycles Update. Still on vacation. Regular reports should resume Monday. The Weekly remains OB. Today the Weekly, Monthly, & Quarterly once again put in a new cycle high at 4527.76. Today at the close the 60 min confirmed a 60-S-1 (Overdue) projected low 4496.13, the low was due today at the 7th hour. Due to the confirmation of the 60-S-1, the UPRO Bull Cycle ended today. This was the 9th UPRO Bull Cycle this year. The average is 14 cycles per year. This UPRO Bull Cycle lasted 7 trading days, the average is 17.51 trading days. This cycle had 1 UPRO Buy Signal, the average is 2.77 buy signals per cycle. During this cycle I didn't buy or sell any UPRO. 1100 shares of UPRO & 100 shares of SPXL will be carried forward to the next cycle which starts on Monday. Monday at the close of the 2nd hour there is the possibility of a 60-1 (due 7/20/23) projected low 4473.44, the low will be due at the 2nd hour, or during the trading day Monday there is the possibility of a 60-S-2 (Overdue) projected high 4538.73.