SPX Cycles

[northam43]

SPX Cycles End of the Day Reports & Charts. Today at the close the 60 min confirmed a 60-2 (due 8/26/23) projected high 4416.21, the high is due tomorrow at the 1st hour. Tomorrow at the close of the 4th hour there is the possibility of a 60-E-2 (Extreme Overdue) projected high 4469.78, the high will be due Wednesday at the 5th hour. Today at the close the Daily D-SC-1 exceeded it's average duration, so a Daily D-S-2 (Extreme Overdue) could be confirmed any day now, the projected high is 4480.93, the Daily UTL is currently at 4460. If the Daily D-S-2 gets confirmed this week, the Weekly W-S-1 will likely be negated and the Weekly W-E-2 will then continue in it's 22nd week with a projected high of 4635.09. So hopefully the SPX remains below 4462.52 this week so the W-S-1 can get confirmed. If the W-S-1 is confirmed the Weekly Bull Cycle projections will be reset, which will result in a lot higher projections. The 60 min & Daily level remains very Bullish at +32.