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Strategies & Market Trends : SPX Cycles -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (5713)8/5/2024 8:23:06 PM
From: northam1 Recommendation

Recommended By
toccodolce

  Read Replies (1) | Respond to of 7404
 
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