Replies to post #39928 on CHARTS_CCI_SYSTEM

[Plscraig]

Ron Walker thinks we get a bounce off his lower Channel line

[northam43]

Bought, UPRO, 100 shares at 36.70

Reasons:
60-SC-1 confirmation
60-SC-1 average duration to low exceed
Less than 50% invested

[northam43]

SPX Cycles Long Range Projection Chart. Today the Weekly W-1 put in a new cycle low at 4103.78. The Weekly is still not in W-E-1 territory, but at the close of next there is a good possibility the W-E-1 (Extreme Overdue) could get confirmed, projected low 3533.63, the low will be due 11/24/23. However there are some overdue 60 min & Daily Bull Cycles that could delay or negate the W-E-1.