• 528 days Will The ECB Continue To Hike Rates?
  • 528 days Forbes: Aramco Remains Largest Company In The Middle East
  • 530 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 930 days Could Crypto Overtake Traditional Investment?
  • 934 days Americans Still Quitting Jobs At Record Pace
  • 936 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 939 days Is The Dollar Too Strong?
  • 940 days Big Tech Disappoints Investors on Earnings Calls
  • 941 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 942 days China Is Quietly Trying To Distance Itself From Russia
  • 943 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 947 days Crypto Investors Won Big In 2021
  • 947 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 948 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 950 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 950 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 954 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 954 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 954 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 957 days Are NFTs About To Take Over Gaming?
  1. Home
  2. Markets
  3. Other

Times and Cycles Review And Longer Term Outlook

Review: In my 9/10 blog post, I was looking for a 9/11H, brief pullback into 9/13L and another rally into 9/18H. It was also mentioned then that a rally above 1692 SPX would lead to a retest of the 8/2 all time Highs.

S&P 500 Index $SPX
Larger Image

Actual: We rallied into a 9/11-12 Solar Change in trend (CIT) High, saw a brief pullback into 9/12-13 geometric CIT Low and continued to rally into today, retesting the 8/2 All time Highs at 1709.67 SPX.

S&P 500 Index $SPX
Larger Image

Longer term: We made a 35 month cycle Low at the 6/24/13 Low at 1560.33 SPX and have rallied above the 3/24/00H at 1552.87 SPX and 10/11/07H at 1576.09 SPX and trend line, which currently is at 1596 SPX. The markets are bullish above 1560-1575 SPX Make or Break support area and bearish below it.

What's next shorter term: We should rally into a 9/18 Solar CIT High+/-1 and see a decline into the next Time and Cycle cluster Low.

 

Back to homepage

Leave a comment

Leave a comment