Tag Archives: SP 500

S&P 500 Cash Index Cycle Location

The stock market is currently in a holding pattern after a nine-day selloff via an A-B-C wave structure that produced a temporary high on August 8th.  The current 4-year cycle that started in February 2016 has been nothing but amazingly strong.  During the nine-day selloff

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SP 500 Cash Index Cycle Location

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Topping is a process.  Finally the topping process produced a temporary high on August 8th.  We had originally projected the S&P 500 index top to be around 2478 in advance, the final top was made @2490.  From the June 9th outside reversal top @2446, it took two months

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S&P 500 Cash Index Cycle Location

pricentime

The S&P 500 Index survived the large range day correction on may 17, 2017.  It extended the first daily cycle to be 24 days.  Now it is 7 days into the second daily cycle.  This new weekly cycle started on April 13, 2017 is on pace to fulfill the upside target at 2478. 

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S&P Cash Index Cycle Location

Today the market gave us a large correction.  Is this the beginning of a market crash?  Should you get out of the market?  The short answer is YES and NO.  It all depends on your positions and investing time horizon.  

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S&P 500 Cash Index Cycle Location

Mr. Market just had very boring eight days.  The trading range was about 18 points for eight days!  Today it broke the previous weekly cycle fractionally.  Nasdaq broke the previous high two weeks ago while Dow Jones hasn’t had a breakout.  Can we trust the S&P 500 breakout?

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