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

To: Sun Tzu who wrote (18757)	5/1/2024 3:47:41 AM
From: northam	Read Replies (1) \| Respond to of 27146

The SPX Weekly Bull projections have been exceeded. We needed a Weekly correction to reset the Bull Cycle projections. At the weekly level the W-S-1 (short weekly bear cycle) is overdue projected low 4971.09 (has been reached). The next weekly bear cycle is possibly the W-1 (average weekly bear cycle) projected low 4846.14, it's not due until 1/25/25, however it could come in early. The W-E-1 (extended weekly bear cycle) is extremely overdue projected low 4096.67, right now the weekly isn't even close to entering W-E-1 territory. Since the W-S-1 has been confirmed, all of the Weekly bull cycle projections have been reset: W-S-2 due 5/1/24 projected high 5353.73 (ATH) W-2 overdue projected high 5506.18 (ATH) W-E-2 due 7/29/24 projected high 6060.00 (ATH) W-SC-2 due 6/05/25 projected high 6161.91 (ATH)