To: humble1 who wrote (40011) | 5/22/2024 8:22:12 AM | From: northam | | | The bottom has to fall out soon. The 60 min level is at -15 very Bearish.
60-1 - Extreme Overdue - 5253.61 60-E-1 - Extreme Overdue - 5175.87 60-SC-1 - Overdue - 5107.80
The 60-E-1 & 60-SC-1 are my UPRO buy signals.
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To: northam who wrote (40008) | 5/23/2024 7:41:25 PM | From: northam | | | 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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From: humble1 | 5/24/2024 1:31:54 AM | | | | Yesterday and H1 cycles:
5/23/24 looks most likely to have been a washout day before a Summer Rally into Calendar Day 9/2/24. It was a Full Moon + Venus conjunct Jupiter in Taurus, The Bull. An important AstroDay plus a MoonDay has a long history of being a High Energy Day when it fits into a larger pattern.
It engulfed six SPX trading days and stopped right at support on the R2K. Perfect! A mini bear market in one day.
Message 34252966 |
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