Tag Archives: daily cycle

Most Likely SP 500 Weekly Top is In

Today’s intraday weakness that let the index to take out a prior low @ 2264.06.  This action made the prior high @2282.10 a swing high.  Most likely this swing high is also a bear top for the 3rd daily cycle, which is also the weekly beta cycle high if this high @ 2282.10 is not violated by Jan 19, 2017.  This swing high occurred in the daily bear top timing band. 

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S&P 500 Cycle Location

The cash S&P 500 index made a new high today.  The weekly and daily cycles are running on schedule without any anomalies.  We have an 18-day first daily cycle, and a 20-day second daily cycle.  The second daily cycle took 12 days to finish the bottoming process.  That 12 sideways down days included the last five trading days in 2016, which

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