Tag Archives: SP 500

S&P 500 Cash Index Cycle Location

pricentime

We are finished with the slow and painful sideways correction!  A new weekly cycle has started since April 17, 2017.  Where is this new cycle going to lead us to?  Before we forecast the new cycle, let’s examine what has happened.  The cycle does what it always does, it pays no attention to the noises.  The hidden cycle is always there for us to find the clues.

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SP 500 Cash Index Cycle Location

The S&P 500 cash index traded sideways down for six trading days since the high of 2400 was made.  It then traded higher (took out previous day high) on March 10th, 2017.  That means the daily cycle  bottom low at 2354.54 made on March 9th is confirmed.  So far we are 18 weeks in the weekly cycle and one day into the new daily cycle.  We have finished four daily cycles in the

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SP 500 Cash Index Cycle Location

The S&P 500 cash index continues to press higher despite the negative news coverage about the new white house administration.  The value line geometric index broke out a 17-year old triple top on February 13, 2017.  The value line geometric index doesn’t get the headlines like the Dow Jones Industrial average, but it is the true representation of the real US economy.

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S&P 500 Cash Index Seasonal Cycle 2017

pricentime

We are currently 13 weeks into the 3rd weekly cycle of the new four-year cycle that started in February 2016.  The current weekly cycle has been unable to produce a sell signal despite that it has been trading sideways in the top timing band.  The market is climbing a wall of worry.  This condition has caused us to examine the seasonal cycle within the four-year cycle.

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SP 500 Cash Index Cycle Location

The quick puff to 2300 price target cut the 3rd daily cycle short to 14 days.  The precise rejection from 2300 price level shows market’s unanimous agreement about the price target 2300.  2300 was a cluster price target from many different time cycles.  The market was range bound from 12/13/2016 to 01/26/2017.  It looked like it was heading

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