InvestorsHub Logo
Followers 95
Posts 19099
Boards Moderated 1
Alias Born 08/22/2005

Re: haha11 post# 39324

Thursday, 08/17/2023 8:37:07 PM

Thursday, August 17, 2023 8:37:07 PM

Post# of 41423
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.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.