Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 677.58

+0.3%

Nov 5 4:00 PM EST

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da_spot

GROUND ZERO™

To: yard_man who wrote (169186)	3/2/2022 11:43:03 AM
From: northam	2 Recommendations Read Replies (1) of 218474

Yes, that could be very likely if we get a new Daily Bull Cycle before the close on Friday. The Daily is getting very close to it right now, if the SPX gets above 4403/4405 level a new Daily Bull Cycle could get confirmed (which would reset the Bear projections lower and negate the extreme overdue Daily Bear Super Cycle) and then the SPX could immediately drop back into another Bear Cycle tomorrow. The extreme overdue Daily Bear Super Cycle (D-SC-1) projections would then be a lot lower, possibly in the range of 3955 down to 3720 (which is the Weekly Extend Bear Cycle Projection) So I would really like to see this Daily Bear Cycle continue to the close on Friday.

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