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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (15446)2/25/2023 1:03:13 PM
From: northam2 Recommendations

Recommended By
#Breeze
da_spot

  Read Replies (1) | Respond to of 26622
 
Monday we have a good chance of getting the overdue Daily extended Bear cycle (D-E-1) confirmed. With the 60 min large Bull cycles extremely overdue, I doubt the D-E-1 reaches it's projected low of 3827.56.

By getting the D-E-1 out of the way, there will be few road blocks up to the 4300 level. The Daily bull cycles with the help of the large 60 min bull cycles, could push the SPX up to the 4300 level within a couple weeks. After the D-E-1 is completed, the next large Daily Bear cycle isn't due until 4/20/23. By then we could be at the 4500/4600 level.

The current Quarterly Bull cycle Q-S-2 has a projected high of 4692.46, the high is due 3/31/23.