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Re: northam43 post# 501

Wednesday, 08/16/2023 5:07:15 PM

Wednesday, August 16, 2023 5:07:15 PM

Post# of 1164
SPX Cycles End of the Day Reports & Charts. Today at the close the 60 min confirmed a 60-SC-1 (due 9/1/23) projected low 4313.32, the low is due tomorrow at the 3rd hour. Due to the confirmation of the 60-SC-1 a UPRO Buy Signal is currently active, buy price below 42.53. This is the 5th UPRO Buy Signal of this UPRO Bull Cycle, the average is 2.74 buy signals per cycle. Today at the close the Daily confirmed a D-E-1 (Extreme Overdue) projected low 4251.05, the low was due 8/14/23. Friday at the close there is the possibility of a Daily D-SC-1 (Extreme Overdue) projected low 4164.38, the low was due 8/15/23. As of the close today the 60 min level is Bullish with +18 points, the Daily remains Bearish with -10 points. The Daily D-SC-1 is worth -22 Bear points. So if the D-SC-1 is confirmed at the close on Friday the Daily could be Bullish by +12 points. There are current 2 overdue cycles at the 60 min/Daily level (60-S-2 & D-2), on the bear side there is one (60-S-1). On the Bull side at the 60 min/Daily level there are 4 extreme overdue cycles (60-E-2, 60-SC-2, D-S-2, & D-SC-2), 3 of them are large cycles. On the Bear side there are only 2 extreme overdue cycles (D-1 & D-SC-1) the D-SC-1 could get confirmed and end on Friday at the close. The D-SC-2 has a current projected high of 4871.12 (ATH).













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