SPX Cycles

[northam43]

SPX Cycles Update. Today at the close of the 6th hour the 60 min confirmed a 60-E-1 (due 10/27/23) projected low 4139.89, the low is due tomorrow at the 3rd hour. Due to the confirmation of the 60-E-1 a UPRO Buy Signal is currently active, buy price below 36.61. This is the 3rd buy signal of this UPRO Cycle, the average is 2.85 buy signals per cycle, we are now in the 10th day of this UPRO Cycle, the average is 17.54 trading days. The last 2 cycles were over the average, so we could be due for a short UPRO Cycle.