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Non-Tech : Kirk's Market Thoughts
COHR 134.64+4.6%Nov 5 3:59 PM EST

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Kirk ©
robert b furman
To: POKERSAM who wrote (14165)7/16/2022 7:35:54 PM
From: northam2 Recommendations   of 26422
 
Below 3214.30 is the SPX Yearly Bear territory.

I consider the SPX Yearly Cycle to be my Bull/Bear Market indicator.

The Yearly Bull Cycle is projected to continue to 2034 another 12 years.

The Yearly Bull Cycle projected high is 10331.27 due 12/31/2034

The SPX is currently in a confirmed Monthly Bear Cycle projected low 3948.97 (which has already been exceeded) and a unconfirmed Quarterly Bear Cycle, if confirmed at the close on 9/30/22, the projected low will be 3812.51 (which has already been exceeded).

If the SPX gets to 4081.38 before the close on 9/30/22, the Quarterly Bear Cycle will then be negated and the Quarterly Bull Cycle will continue at least another quarter, the current Quarterly Bull Cycle is currently in it's 47th quarter and is projected to continue to the 51st quarter, which is another 12 months away.

The current Quarterly Bull Cycle has a projected high of 7849.98, the high is due 9/30/22. My system has a very high percentage of reaching & exceeding projections.

Bottom line: I believe that this is just a short to average Monthly Bear Cycle, once completed, the Quarterly Bull Cycle will continue on it's next Bull leg to all time highs. The Monthly Bear Cycle low is due 7/29/22.
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