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Strategies & Market Trends : SPX Cycles -- Ignore unavailable to you. Want to Upgrade?


To: northam who wrote (5620)7/17/2024 12:28:34 PM
From: northam  Read Replies (2) | Respond to of 7407
 
Status Report. 60-1 confirmed. Possibility of a 60-E-1 at close of the 6th hour, and UPRO Buy Signal at opening of the 7th hour.




To: northam who wrote (5620)7/17/2024 12:54:08 PM
From: northam  Respond to of 7407
 
Like I said, we have 5 Bear Cycles overdue at the 60 min/Daily level.

Today possibility of the 60-E-1 getting confirmed & a UPRO Buy Signal

Tomorrow possibility of the 60-SC-1 & D-S-1 getting confirmed. Also possibility of another UPRO Buy Signal if the 60-SC-1 is confirmed.

That then leaves the D-1 & D-E-1.

If the 60-SC-1 gets confirmed that will eliminate 14 Bear points, which will put the 60 min level bullish by 8 points.

The D-S-1 has zero points, but the D-1 has 8 points, So if the D-1 gets confirmed, the Daily level will be bullish by 4 points.

The Weekly W-E-2 possibly has another 52 trading days, the projected high is 6045.54

So this is likely just a Daily correction and the Daily Bull cycle projections could be reset tomorrow at the close.