SPX Cycles

[northam43]

SPX Cycles End of the Day Reports & Charts. A lot happened today. Today at the close of the 5th hour the 60 min confirmed a 60-1 (Extreme Overdue) projected low 4363.86 (reached). Today during the 6th hour the 60 min confirmed a 60-S-2 (due 8/31/23) projected high 4394.22 (reached). Monday at the close of the 1st hour there is either the possibility of a 60-S-1 (Overdue) projected low 4387.60, the low will be due at the 1st hour, or a 60 min 60-2 (due 9/2/23) projected high 4412.15 (reached), the high will be due Monday at the 2nd hour. Today at the close the Daily confirmed a D-S-1 (Overdue) projected low 4344.11, the low was due today. The Daily Bull Cycle projections have been reset. During the trading day on Monday there is the possibility of a Daily D-S-2 (due 10/13/23) projected high 4506.03, the high will be due Monday, however, the Daily closed in D-1 (Extreme Overdue) territory, if the D-1 is confirmed Tuesday at the close the projected low will be 4326.99, the low will be due Monday (8/28/23). Today at the close the Weekly confirmed a W-S-1 (due 9/6/23) projected low is 4349.85, the low was due this week. The Weekly Bull Cycle projections have been reset. There is the possibility of a Weekly W-1 (Extreme Overdue) getting confirmed at the close on 9/8/23 with a projected low 4246.63, the low will be due 9/8/23. If the W-1 gets confirmed, it is worth 13 Bear points, so if the Weekly Bear Cycle ends in the W-1, the Weekly will turn Bullish by +3, since the Weekly W-SC-2 (Extreme Overdue) was negated today with the confirmation of the W-S-1, the W-SC-2 remains on the table for possibly the next Weekly Bull Cycle, the W-SC-2 has a new projected high of 5384.66, the W-SC-2 can last over 30 weeks.