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Strategies & Market Trends : SPX Cycles
UPRO 117.98+0.8%4:00 PM EDT

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To: northam who wrote (5347)2/21/2024 5:24:01 PM
From: northam  Read Replies (1) of 7184
 
SPX Cycles End of the Day Reports & Charts. The Weekly remains OB. Today at the close of the 6th hour the 60 min confirmed a 60-SC-1 (Overdue) projected low 4840.09, then low was put in during the 6th hour at 4948.90. Due to the confirmation of the 60-SC-1, a UPRO Buy Signal became active, price target 55.99, also a SPXU Sell Signal became active, price target 8.54. These signals ended in the 7th hour. Today during the 7th hour the 60 min confirmed a 60-S-2 (Overdue) projected high 4991.99. Due to the confirmation of the 60-S-2, the SPXU Bear Cycle ended today. Tomorrow at the close of the 1st hour there is the possibility of a 60-S-1 (Overdue) projected low 4948.40, the low will be due tomorrow at the 1st hour. If the 60-S-1 is not confirmed. Tomorrow at the close of the 2nd hour there is the possibility of a 60-2 (Overdue) projected high 5012.36, the high will be due tomorrow at the 3rd hour. Tomorrow once again during the trading day there is the possibility of a Daily D-S-2 (Extreme Overdue) projected high 5115.19 (ATH), the high will be due tomorrow. If the D-S-2 is not confirmed tomorrow by the close, then tomorrow at the close there will be the possibility of a Daily D-1 (due 4/5/24) projected low 4890.29, the D-1 low was due today.

















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