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

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

  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