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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: northam who wrote (40008)5/23/2024 7:41:25 PM
From: northam  Read Replies (1) of 40054
 
SPX Cycles Long Range Projection Chart. Today the SPX put in a new ATH at 5341.88. The Weekly, Monthly, Quarterly & Yearly cycles all put in new cycle highs at 5341.88. Looks like we could be getting the overdue 60 min Bear Cycles (60-1, 60-E-1 (UPRO Buy Signal) & 60-SC-1 (UPRO Buy Signal)) confirmed tomorrow & next week. The 60-E-1 could get confirmed tomorrow at the close of the 3rd hour, projected low 5182.54, and the 60-SC-1 could get confirmed Tuesday at the close of the 4th hour, projected low 5114.38. Also a new Daily Bear Cycle (D-S-1) is possible tomorrow at the close projected low 5205.24, which could lead to getting the extreme overdue D-1 confirmed at the close on Wednesday with a projected low of 5184.54.

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