SPX Cycles

[northam43]

SPX Cycles End of the Day Reports & Charts. The Daily & Weekly remain OB. The SPXU Buy Signal remains active below 9.99. Today at the close of the 6th hour the 60 min confirmed a 60-S-1 (Overdue) projected low 4705.47 (reached). Due to the confirmation of the 60-S-1, the 15th UPRO Bull Cycle this year has ended. The average is 15.2 UPRO Bull Cycles per year. This cycle lasted 21 trading days, the average is 17.56 trading days. During this cycle there was only 1 buy signal, the average cycle has 2.79 buy signals. I didn't buy any UPRO during this cycle. I sold 400 shares of UPRO at an average price of 52.45 per share. A new UPRO Bull Cycle will start on Monday. Today during the closing hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4745.65, the high was due today at the 7th hour. Monday at the close of the 1st hour there is the possibility of a 60 min 60-S-1 (due 12/20/23) projected low 4692.52, the low will be due at the 1st hour. If the 60-S-1 is not confirmed. At the close of the 2nd hour there is the possibility of a 60 min 60-2 (due 12/18/23) projected high 4765.02, the high will be due at the 3rd hour. The 60-E-2 is currently overdue with a projected high of 4822.82 (ATH), so there is the possibility of a SPX ALL TIME HIGH next week.