SPX Cycles

[northam43]

SPX Cycles End of the Day Reports & Charts. The 60 min remains OB. Today at the close the Daily confirmed a D-2 (due 12/21/23) projected high 4253.82 (reached). Monday during the trading day there is the possibility of a 60-S-1 (Overdue) current projected low is 4343.07. Wednesday at the close there is the possibility of a Daily D-E-2 (Extreme Overdue) projected high 4420.09, the high will be due 11/27/23. Next week during the trading week there is the possibility of a new Weekly Bull Cycle, W-S-2 (due 5/1/24) projected high 4421.17, the high will be due 11/17/23. For the W-S-2 to get confirmed the SPX has to hit the Weekly UTL currently at 4393.11. The other possibility at the close of next week is a Weekly W-E-1 (Extreme Overdue) projected low 3533.63, the low will be due 11/27/23. For the Weekly W-E-1 to get confirmed the Weekly MACD (12,26,9) has to close the week out below the zero line, right now it is 12 pts above the zero line. There is the possibility of a Monthly M-S-1 (due 12/4/25) projected low 4030.62, getting confirmed at the close of the month. For the M-S-1 to get confirmed at the close of the month, the SPX must remain below the Monthly UTL currently at 4377.86, until the close on 11/30/23. Today we came within 4.24 points of hitting the Monthly UTL.