SPX Cycles

[northam43]

Today during 1st hour a 60 min 60-S-2 (overdue) confirm projected high 4373.05 (reached)

Today at the close of the 3rd hour a 60 min 60-S-1 (Overdue) projected low 4364.90 (reached)

Today at the close of the 5th hour there is the possibility of a 60-1 (Overdue) projected low 4342.86, the low will be due today at the 5th hour.

The Weekly has opened the week in Bear territory (W-S-1 due 9/6/23) so there is the possibility of a W-S-1 getting confirmed at the close on Friday with a projected low of 4349.85, the low will be due this week.

For the Weekly W-E-2 to continue, the SPX must hit the Weekly UTL (currently at 4460.52) before the close on Friday, if that happens the W-S-1 will be negated and the W-E-2 will continue in it's 22nd week with a projected high of 4635.09.