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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 (193673)10/2/2023 1:43:59 PM
From: northam1 Recommendation

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toccodolce

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SPX Cycles Long Range Projection Chart. It's looking like the Weekly has a good chance of getting the W-1 confirmed at the close on Friday. The W-1 average duration is 4 weeks, this is the 3rd week, so if the W-1 gets confirmed on Friday, next week the Weekly could start heading upwards for a new Weekly Bull Cycle. The chances of getting the Monthly M-S-1 confirmed at the end of this month, is currently pretty slim. There are several Bull Cycle below the Monthly that can push the Monthly back into bull territory above 4363.21. With the Quarterly confirming the extreme overdue Q-2, I expect we will be seeing some large upside moves within the next few months, the Q-2 is projected to get to 7596.37 by 3/31/25 that's about 3327.78 points within about 17 months, which averages about 196 points a month.

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