CHARTS_CCI_SYSTEM

[northam43]

SPX Cycles Long Range Projection Chart. Today the Weekly Bull Cycle W-S-2 put in a new cycle high at 4508.67, the W-S-2 high is due 11/17/23. However, the Weekly is currently in W-2 (due 4/15/24) territory, so there is the possibility at the close on 11/24/23 of a Weekly Bull Cycle W-2, projected high 4547.06, the high will be due 12/15/23. Keep in mind that the Weekly Bull Cycle W-SC-2 is extremely overdue with a projected high of 5072.54 (ATH). The Monthly is very close to a Monthly Bull Cycle M-E-2 (due 3/4/24), if the M-E-2 is confirmed at the close on 3/29/24, the projected high will be 6473.28, the high will be due 2/28/25. So this rally that started at the 4103.78 low could go to ALL TIME HIGHs if we are in the extreme overdue W-SC-2.