This is what I am seeing as my cycle chart says we are in a 14 week cycle with 9 weeks of upside to 5 weeks of downside. We are smack in the middle of the down cycle. So not really sure about the santa rally this year. S&P500-14-Week-Cycle.jpg Btw, I had posted this over the weekend watering thr...
I think the market is in a 14 week cycle with about 9 weeks of upside and 5 weeks of downside. Again as we move from a bullish market to now a more bearish looking market, I expect the bull cycle of 9 weeks to shorten and the bear cycle of 5 weeks to go up. This was particularly evident in the July ...
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There is just too much downtard momentum now. I think we need to see at least a divergence to go up or a reversal. If we are able to break above 1135 then we have a shot till 1150. I think we see 1040 before 1170 again. Complete speculation on my part. I won't touch any swing long till 1040. My 2 ce...