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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 (193800)	10/6/2023 7:14:20 PM
From: northam	1 Recommendation Recommended By Tweets Boar Hog Read Replies (1) of 207072

SPX Cycles Long Range Projection Chart. Today at the close the Weekly confirmed a W-1 (Extreme Overdue) projected low 4185.96, the low was due this week, so hopefully the low is in at 4216.45, if not then the Weekly will continue down to possibly a Weekly W-E-1 (Extreme Overdue) with a projected low of 3533.63, the earliest the W-E-1 can be confirmed is at the close on 10/20/23, so the SPX will have to basically crash in the next couple weeks to get into W-E-1 territory. I'm hoping the low is in and the Weekly heads north for a new Weekly Bull Cycle (W-S-2) projected high 4542.55, for the W-S-2 to get confirmed the Weekly has to hit the Weekly UTL (currently at 4439.71). The Monthly is currently in an UNCONFIRMED M-S-1 (due 11/23/25) projected low 4030.62, for the M-S-1 to get confirmed the SPX has to remain below the Monthly UTL (currently at 4367.13, until the close of the month (10/31/23). Right now there are 60 min, Daily & Weekly Bull Cycles that can get the Monthly above it's UTL.

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