Technology Stocks & Market Talk With Don Wolanchuk Message Board

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

SOXL 41.28

+5.3%

Nov 28 4:00 PM EST

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To: northam who wrote (193225)	9/15/2023 10:58:44 PM
From: northam	Read Replies (1) of 207068

SPX Cycles Long Range Projection. Today the Weekly W-2 failed to get confirmed, however, there is the possibility it could get confirmed at the close next Friday (9/22/23). The Weekly closed today in Bear territory, so Friday (9/22/23) there is the possibility of a Weekly W-S-1 (due 2/10/24) projected low 4287.87. For the W-S-1 to get confirmed the Weekly will have to remain below the Weekly UTL (currently at 4491.96) until the close on Friday. However, there are 60 min & Daily Bull Cycles that can negate the W-S-1.

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