SPX Cycles

[northam43]

SPX Cycles Update. Friday at the close the Quarterly confirmed a Q-2 (Extreme Overdue) the projected high is 7596.37, the high is due 3/31/2025. Today the Monthly opened in an UNCONFIRMED M-S-1 (due 11/23/25) if the M-S-1 is confirmed at the close on 10/31/23, the projected low will be 4030.62, the low will be due this month. For the Monthly M-S-1 to get confirmed, the SPX must remain below the Monthly UTL (currently at 4363.21) until the close on 10/31/23. Today at the close of the 3rd hour the 60 min confirmed a 60-E-1 (Overdue) projected low 4217.81. Due to the confirmation of the 60-E-1 a UPRO Buy Signal is currently active, buy price below 39.11. This is the 7th UPRO Buy Signal of this UPRO Bull Cycle. The last time we had a UPRO 7th buy signal was March, it was followed by a 8th buy signal, which was the bottom. Tomorrow at the close of the 3rd hour there is the possibility of a 60-SC-1 (due 10/19/23) projected low 4162.34, the low will be due tomorrow at the 5th hour. If the 60-SC-1 is confirmed another UPRO Buy Signal will become active, buy price below 37.52, also a SPXU Sell Signal will become active with a sell price above 13.00. Wednesday at the close there is the possibility of a Daily D-SC-1 (cue 3/12/23) projected low 4078.43. Friday during the trading day there is the possibility of a Daily D-S-2 (due 11/3/23) projected high 4383.62, the high will be due Friday. Friday at the close there is the possibility of a Weekly W-1 (Extreme Overdue) projected low 4185.96, the low will be due 10/6/23. This could be a very interesting month.