SPX Cycles End of the Day Reports & Charts. The 60 min is OB. Tomorrow at the opening of the 6th hour there is the possibility of a 60-SC-2 (Extreme Overdue) projected high 4368.28, the high will be due Wednesday at the 5th hour. If the 60-SC-2 is confirmed a UPRO Sell Signal will become active, sell price above 43.33. If the 60-SC-2 is confirmed I will be selling all my UPRO positions in the green. This is because the Weekly is currently in a Bear Cycle. Tomorrow at the close there is the possibility of a Daily D-2 (due 11/10/23) projected high 4370.11, the high will be due Thursday. Keep in mind that the Daily D-E-2 (4541.44) & D-SC-2 (4650.50) are both extremely overdue. The Weekly today closed above it's LTL, so there is the possibility of a new Weekly Bull Cycle, W-S-2 (due 5/1/24) projected high 4542.55, by Friday.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.