SPXU Bear Cycle ended. Due to the confirmation of the 60-S-2 this morning during the 1st hour, the 15th SPXU Bear Cycle this year ended at the close on Friday. The average cycles per year is 13.7, the record is 24 set last year (2022). This cycle only lasted 3 trading days, the average is 20.93 trading days. During this cycle there was zero buy signals (D-SC-2), the average is 0.19 buy signals per cycle, the last buy signal was 8/15/2022. The D-SC-2 is extremely overdue, current projected high is 4526.23. During this cycle I did not sell any SPXU. No SPXU shares will be carried forward to the next SPXU Bear Cycle that starts today.
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