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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 41.26+5.3%Nov 28 4:00 PM EST

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To: northam who wrote (194696)11/7/2023 11:43:27 AM
From: northam3 Recommendations  Read Replies (1) of 207094
 
SPX Cycles Long Term Projection Chart. Today during the 2nd hour, the SPX hit the Monthly UTL at 4379.78, so that means the Monthly M-S-1 has been negated and the Monthly M-2 continues in it's 7th month, projected high is 5580.16, the high is due 11/30/23, that means the SPX will have to gain 1196.72, from the current price to reach the projected high, that's probably a bridge to far, or is there something major about to happen. There is the possibility today of the Weekly confirming a new Bull Cycle W-S-2 (due 5/1/24) projected high 4421.17, the high will be due 11/17/23. Keep in mind that the Weekly W-SC-2 is extremely overdue with a projected high of 5072.54.

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