Replies to post #39690 on CHARTS_CCI_SYSTEM

[northam43]

The Daily Bear Super Cycle (D-SC-1) has now exceeded it's average duration, so the Daily could be headed for a new Bull Cycle any day now. As of today it will have to get to 4321.14 to confirm a D-S-2.

Tomorrow at the close the Weekly will likely confirm the extreme overdue W-1, the low is due this week. The average duration of the W-1 is 4 weeks, it is currently in the 3rd week. So next week the Weekly could start the upward move to a new Bull Cycle. As of today it will have to get to 4435.79 to confirm a W-S-2.

Bottom line we could be seeing 100+ to the upside in a single day.

Keep in mind that the Daily large bull cycles D-E-2 (4541.44) & D-SC-2 (4650.50) are both extremely overdue. Also the Weekly W-SC-2 (5211.81) is extremely overdue.

[northam43]

SPX Cycles Long Range Projection Chart. Today at the close the Weekly confirmed a W-1 (Extreme Overdue) projected low 4185.96, the low was due this week, so hopefully the low is in at 4216.45, if not then the Weekly will continue down to possibly a Weekly W-E-1 (Extreme Overdue) with a projected low of 3533.63, the earliest the W-E-1 can be confirmed is at the close on 10/20/23, so the SPX will have to basically crash in the next couple weeks to get into W-E-1 territory. I'm hoping the low is in and the Weekly heads north for a new Weekly Bull Cycle (W-S-2) projected high 4542.55, for the W-S-2 to get confirmed the Weekly has to hit the Weekly UTL (currently at 4439.71). The Monthly is currently in an UNCONFIRMED M-S-1 (due 11/23/25) projected low 4030.62, for the M-S-1 to get confirmed the SPX has to remain below the Monthly UTL (currently at 4367.13, until the close of the month (10/31/23). Right now there are 60 min, Daily & Weekly Bull Cycles that can get the Monthly above it's UTL.