SPX Cycles

[northam43]

SPX Cycles Update. Today at the close of the 2nd hour the 60 min confirmed a 60-E-1 (due 8/12/23) projected low 4406.86, the low is due today at the 6th hour. Due to the confirmation of the 60-E-1 a UPRO Buy Signal is currently active, buy price below 45.49. Monday at the close of the 3rd hour there is the possibility of a 60-SC-1 (due 9/1/23) projected low 4348.90, the low will be due Monday at the 6th hour. If the 60-SC-1 is confirmed another UPRO Buy Signal will become active, buy price below 43.62, also a SPXU Sell Signal will become active, sell price above 11.48. Today at the close there is the possibility of a Daily D-E-1 (Extreme Overdue) getting confirmed, it will take a large drop between now and the close for the Daily to get into D-E-1 territory, projected low 4251.05.