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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da_cheif™

isopatch

To: northam who wrote (194535)	11/1/2023 1:09:09 PM
From: northam	2 Recommendations Read Replies (1) of 207088

SPX Cycles Projected Long Range Chart. The Monthly has opened November in an UNCONFIRMED M-S-1 (due 12/4/25), if confirmed at the close on 11/30/23, the projected low will be 4030.62, the low will be due this month. The M-E-1 is extremely overdue with a projected low of 2943.64, and the M-SC-1 is overdue with a projected low of 2435.65. For the M-S-1 to be negated, the SPX will have to get to the Monthly UTL currently at 4353.81. If a new Weekly Bull Cycle is confirmed this month, the M-S-1 will likely be negated. However, the Weekly is currently in W-E-1 territory, if the W-E-1 is confirmed Friday at the close the projected low will be 3533.63, the low will be due 11/27/23.

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