Today at the opening of the 2nd hour the 60 min confirmed a 60-SC-2. Due to the confirmation of the 60-SC-2 a UPRO Sell Signal is currently active, price target 66.75 (reached). Today at the close possibility of a Daily D-2 (Overdue), the Daily is currently in D-E-2 (due 5/16/24) territory. The Weekly is currently in W-2 (Overdue) territory.
SPX Cycles Long Range Projection Chart. Today the Weekly W-S-2 put in another cycle high at 5200.23, the projected high is 5353.73, the high is due Friday. The Weekly is very close to W-2 (Overdue) territory.