CHARTS_CCI_SYSTEM

[northam43]

The Daily Bear Super Cycle (D-SC-1) has now exceeded it's average duration, so the Daily could be headed for a new Bull Cycle any day now. As of today it will have to get to 4321.14 to confirm a D-S-2.

Tomorrow at the close the Weekly will likely confirm the extreme overdue W-1, the low is due this week. The average duration of the W-1 is 4 weeks, it is currently in the 3rd week. So next week the Weekly could start the upward move to a new Bull Cycle. As of today it will have to get to 4435.79 to confirm a W-S-2.

Bottom line we could be seeing 100+ to the upside in a single day.

Keep in mind that the Daily large bull cycles D-E-2 (4541.44) & D-SC-2 (4650.50) are both extremely overdue. Also the Weekly W-SC-2 (5211.81) is extremely overdue.