SPX Cycles

[northam43]

SPX Cycles Long Range Projection Chart. Today the Weekly opened in Bear territory (W-S-1), for the W-S-1 to get confirmed the SPX must remain below the weekly UTL (currently at 4462.52), until the close on Friday. If the W-S-1 (due 9/6/23) is confirmed, the projected low will be 4349.85, the low will be due this week (the low could already be in). If the W-S-1 is confirmed the Weekly Bull Cycle projections will be reset, which will result in a lot higher projections. However, today the Daily D-SC-1 exceeded it's average duration, so a new Daily Bull Cycle, D-S-2 (Extreme Overdue) could be confirmed any day now with a projected high of 4480.93, if the D-S-2 is confirmed this week, the Weekly W-S-1 will then likely be negated. So I hope the SPX remains below 4462.52 this week, then next week blast off!