| | | Hi Bob,
I'm only 22% invested in my SPX Cycles account.
So I can go pretty deep.
I believe this Weekly Bear Cycle will likely end as a W-1, I don't see getting the extreme overdue W-E-1 this cycle, because the Weekly MACD (12,26,9) is still well above the zero line, it takes 6 weeks for a W-E-1 to get confirmed.
I expect the next Weekly Bull cycles will likely be short (W-S-2) (lasts a week) to average (W-2) (lasts 7 weeks) cycles.
So W-1 ending 9/6/24, then W-S-2 ending 9/20/24, then W-E-1 ending 12/27/24, then W-2 ending 2/14/25
Possibility of a Monthly Bear Cycle M-S-1 in October.
The high for the year is likely in.
A new low for the year is possible during the W-E-1.
Lindy |
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