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Strategies & Market Trends : Humble1 and Swing Trading Friends -- Ignore unavailable to you. Want to Upgrade?


To: northam who wrote (40258)11/4/2024 5:17:57 PM
From: northam1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 41023
 
Report 7.1 SPX Cycles Long Range Projection Chart. Today the SPX Weekly opened in an UNCONFIRMED Bear Cycle (W-S-1). For the W-S-1 to get confirmed, the Weekly must remain below the Weekly UTL (currently at 5753.30) until the close on Friday. If the W-S-1 is confirmed the projected low will be 5544.64, the low will be due this week. However, at this time, it is a slim chance of getting confirmed because 3 of the 4 60 min Bull Cycles have a projection above the 5753.30 level. Also the 60 min 60-E-2 & 60-SC-2 are both extremely overdue. If the Daily D-E-1 (Overdue) gets confirmed at the close on Wednesday, then the odds go way up for the W-S-1 getting confirmed.