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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 43.07

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4:00 PM EST

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To: northam who wrote (191420)	7/3/2023 11:26:56 AM
From: northam	3 Recommendations Read Replies (1) of 206754

SPX Cycles Long Range Projection Chart. The Weekly W-SC-2 has been added, the Monthly M-E-2 has been added. The Weekly W-SC-2 (Extreme Overdue) has a good chance of getting confirmed at the opening on 9/1/23, projected high 4708.00, the high will be due 2/28/24 (based on the M-2 projected high, the W-SC-2 high should be exceeded. The Monthly M-2 (Overdue) is expected to be confirmed at the end of this month, projected high 5580.16, the high will be due 11/30/23, the Monthly is currently in M-E-2 (due 2/18/24) territory, the earliest the M-E-2 can be confirmed is 6/28/24, projected high 6473.28, the high will be due 2/28/25. The Quarterly is currently in Q-2 (Extreme Overdue) territory, the Q-2 is projected to be confirmed at the close on 9/30/23, projected high 7596.37, the high will be due 3/31/25. So over the next 2 years the SPX could gain another 4000 points.

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