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

To: Sun Tzu who wrote (18638)	4/19/2024 7:14:37 PM
From: northam	Read Replies (1) \| Respond to of 26439

The SPX Weekly is overdue for a bear cycle, which will reset the bull cycle projections. So at the end of next week the 1st degree weekly bear cycle (Overdue) should be confirmed with a projected low of 4971.09, 2nd degree bear cycle projected low 4846.14, 3rd degree bear cycle (Extreme Overdue) projected low 4096.67, & 4th degree bear cycle projected low 3392.06. The 1st degree bear low will be due next week 4/26/24, if it continues to the 2nd degree the low will be due 5/10/24, if it continues to the 3rd degree the low will be due 6/28/24, the 4th degree low will be due 9/20/24. Right now the Weekly is in 1st degree bear territory. Once the 1st degree bear is confirmed, the Weekly bull cycle projections will be reset. So we shall see what the Weekly does, next week will be interesting.