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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk
SOXL 44.21+1.2%Dec 24 4:00 PM EST

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Augustus Gloop
misu_byk
To: northam who wrote (201555)12/30/2024 7:14:12 PM
From: northam2 Recommendations  Read Replies (1) of 207446
 
Report 7.1 SPX Cycles Long Range Projection Chart. The SPX Weekly today opened in an UNCONFIRMED Weekly Bear Cycle (W-S-1). For the W-S-1 to be confirmed the SPX must remain below the Weekly UTL (currently at 5979.25) until the close on Friday. If the W-S-1 is confirmed the projected low will be 5753.57, the low will be due Friday. There are 60 min (60-E-2, 60-SC-2) & Daily (D-S-2) Bull Cycles that could negate the W-S-1.

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