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Replies to #494 on SPX Cycles

northam43

08/15/23 3:48 PM

#495 RE: northam43 #494

SPX Cycles Update. Today at the close of the 6th hour the 60 min confirmed a 60-E-1 (due 8/20/23) projected low 4370.81, the low is due tomorrow at the 3rd hour. Due to the confirmation of the 60-E-1, a UPRO Buy Signal is currently active, buy price below 44.29. Tomorrow at the close there is the possibility of a 60-SC-1 (due 9/1/23), projected low 4313.32, the low will be due Thursday at the 3rd hour. If the 60-SC-1 is confirmed another UPRO Buy Signal will become active, buy price below 42.48. Also if the 60-SC-1 is confirmed a SPXU Sell Signal will become active, sell price above 11.78. Unless we get a large drop into the close, tomorrow at the close there will be a possibility of a Daily D-E-1 (Extreme Overdue) projected low 4251.05.