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Re: northam43 post# 518

Wednesday, 08/23/2023 11:28:52 AM

Wednesday, August 23, 2023 11:28:52 AM

Post# of 1164
SPX Cycles Update. Today at the close of the 2nd hour the 60 min confirmed a 60-2 (due 9/2/23) projected high 4439.82, the high is due today at the 3rd hour. Today at the close of the 6th hour there is the possibility of a 60 min 60-E-2 (Extreme Overdue) projected high 4493.68, the high will be due tomorrow at the 7th hour. Since the Daily D-SC-1 has exceeded it's average duration, a new Daily Bull Cycle (D-S-2) could be confirmed any day now. The Weekly still has a chance of confirming a Bear Cycle (W-S-1) at the close on Friday, however, if the Daily confirms the D-S-2 the W-S-1 will likely be negated and the Weekly will continue in W-E-2 with a projected high of 4635.09. My hope is that the W-S-1 is confirmed, which will reset the Weekly Bull Cycle projections a lot higher.



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