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To: northam who wrote (192608)8/14/2023 12:24:29 PM
From: northam1 Recommendation

Recommended By
rdkflorida2

  Respond to of 207458
 
SPX Cycles Update. Today during the 2nd hour the 60 min confirmed a 60-S-2 (due 8/16/23) projected high 4482.67 (reached). Today at the close of the 4th hour there is the possibility of a 60-2 (due 8/16/23) projected high 4500.97, the high will be due today at the 5th hour, or at the close of the 5th hour there is the possibility of a 60 min 60-S-1 (due 8/14/23) projected low 4455.51, the low will be due today at the 5th hour. Today at the close there is the possibility of a Daily D-E-1 (Extreme Overdue) projected low 4251.05, the low will be due today.








To: northam who wrote (192608)8/18/2023 7:59:29 PM
From: northam1 Recommendation

Recommended By
skipowwder

  Read Replies (1) | Respond to of 207458
 
SPX Cycles Long Range Projection Chart. Once again the Weekly closed the week in bear territory. For the Weekly Bear Cycle (W-S-1) to be confirmed, the Weekly must remain below the Weekly UTL (currently at 4473.51) until the close on Friday (8/25/23). If the W-S-1 is confirmed the projected low will be 4349.85, the low will be due Friday. If the W-S-1 gets confirmed, the Weekly Bull Cycle projections will be reset, this means the Weekly Bull Cycles could go much higher. With the Daily D-SC-1 getting confirmed today at the close. The SPX Daily level is currently bullish by +12 and the 60 min level is bullish by +18.

The last time the SPX had this set up was back in Sept 2020, the Weekly was in a W-E-2 (as it is now), the Daily confirmed a D-SC-1 followed by the Weekly W-S-1 that only lasted a week, then the Weekly confirmed a new bull cycle (W-SC-2) that lasted 53 weeks. The Weekly W-SC-2 is currently extremely overdue.

Bottom line: September could be a very explosive month to the upside with a new Daily & Weekly Bull Cycle.