SPX Cycles

[northam43]

SPX Cycles End of the Day Reports & Charts. Today during the 7th hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4275.53 (reached). The SPXU Bear Cycle has ended, this was the 12th SPXU Bear Cycle this year, the average is 12.67 cycles per year. This cycle lasted 6 trading days, the average is 21.21 trading days. During this cycle there was no buy signals (D-SC-2). The Daily D-SC-2 is extremely overdue with a projected high of 4674.96. I didn't buy or sell any SPXU during this cycle. Tomorrow a new SPXU Bear Cycle will start. Tomorrow at the close of the 1st hour there is the possibility of a 60 min 60-S-1 (Overdue) projected low 4260.96, the low will be due at the 1st hour, or at the close of the 2nd hour, there is the possibility of a 60 min 60-2 (due 10/1/23) projected high 4292.98, the high will be due tomorrow at the 3rd hour. At the close on 10/4/23 there is the possibility of a Daily D-SC-1 (due 3/12/24) projected low 4078.43, the low will be due Friday (9/29/23). Then at the close on 10/6/23 there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23.