CHARTS_CCI_SYSTEM

[northam43]

The last time we had a Daily D-SC-1 when the Weekly was in a W-E-2 was back in Sept 2020

The Weekly went from a W-E-2 to a W-S-1 (lasted one week), then went into a Weekly W-SC-2 that lasted 53 weeks and gained 1336 points to a high of 4545.85 which was an all time high.

That D-SC-1 lasted 15 trading days and declined 378.66 points.

The current D-SC-1 is now in it's 12th trading day and has declined 242.24.

So now we see if the Weekly confirms a new bear cycle next week (which I would like) or we could already be in the Weekly W-SC-2 (Extreme Overdue) projected high 4708.00. If we confirm a W-S-1 next week, then the Weekly Bull Cycle projections will reset, if that happens the W-SC-2 projected high will be a lot higher.