CHARTS_CCI_SYSTEM

[northam43]

The Weekly W-S-1 right now has a 50% chance of getting confirmed. It's currently within 60 points of getting negated.

The 60 min 60-E-2 (Extreme Overdue) is likely to be confirmed at the close of this hour, then there is the possibility of a 60 min 60-SC-2 (Extreme Overdue) getting confirmed on Thursday. The 60-SC-2 will have to exceed it's projection to negate the W-S-1.

So if we go straight from here to the 60-SC-2, the W-S-1 will likely get confirmed.

If we get the 60-E-2 confirmed and then drop to a 60-S-1 (Extreme Overdue), which will reset the 60 min bull cycle projections, and then back up to confirm the 60-SC-2 by Friday close, then the W-S-1 will likely be negated.