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Non-Tech : Kirk's Market Thoughts
COHR 190.88+2.8%Dec 22 3:59 PM EST

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Mongo2116
To: POKERSAM who wrote (15214)1/23/2023 1:43:37 PM
From: northam2 Recommendations   of 26822
 
The SPX could actually see 4100+ is a fairly short period of time.

Looking at my SPX Cycles Long Range Projection chart. If the Weekly W-2 gets confirmed at the end of this week the high of 4169.38 will be due by 2/17/23. If the W-2 gets confirmed, there will be a good chance the Monthly & Quarterly confirm new Bull Cycles that can take the SPX to 4692.46 by the end of the 1st Quarter (3/31/23). The Quarterly Q-2 is extremely overdue and could be confirmed this year at the end of the 3rd Quarter with a projected high of 7596.37, the high will be due by 2025 at the end of the 1st Quarter. So if the Q-2 is confirmed we could see the SPX close out 2023 around 5500 - 6000 and then close out 2024 at around 7500.



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