Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (169189)	3/2/2022 11:58:54 AM
From: northam	2 Recommendations Recommended By GROUND ZERO™ Machaon Read Replies (1) \| Respond to of 218580

I can understand it being some what confusing as I am looking at several different time frames. The longer time frames like the SPX Weekly, Monthly, Quarterly & Yearly have very large impacts on the market. Currently we are dealing with Bear Cycles at the Weekly and the Monthly is now in Bear territory. So depending on what the Monthly does will have major impacts on the 60 min, Daily & Weekly timeframes. Right now the Quarterly is showing some weakness, the SPX would have to drop below 4018 to get into Bear territory and remain below that level until the end of June to get a Quarterly Bear Cycle confirmed, that is not very likely at this point. The SPX Yearly Bull Cycle remains in a very strong Bull Cycle at this point. It would have to drop below 4200 to show some weakness, and drop below 3200 to get into Bear territory.