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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 (193346)9/18/2023 4:53:45 PM
From: northam2 Recommendations

Recommended By
#Breeze
toccodolce

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SPX Cycles Long Range Projection Chart. The Weekly opened in an UNCONFIRMED W-S-1 (due 2/10/24), if the Weekly remains below it's UTL (currently at 4487.69) until the close on Friday, a W-S-1 will then be confirmed, projected low 4287.87, the low will be due this week. However, if any of the following Bull cycles are confirmed this week, the W-S-1 could be negated. 60-2 (due 9/25/23) projected high 4499.07, 60-E-2 (due 9/22/23) projected high 4553.65, 60-SC-2 (Overdue) projected high 4593.89, D-S-2 (due 11/3/23) projected high 4605.86, D-2 (due 11/10/23) projected high 4615.82, so right now I would say a slim chance for the W-S-1 to get confirmed.

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