zondag 6 augustus 2017

SP500 Index Update

# The SP500 has been basically flat from July 19th. The markets have seen other time periods like this when the market indexes continue to move up. Just look at 2003 and 2007 before the 2008, 2009 meltdown...


# We have formed a range bound contracting triangle the last 6 trading days, since the 7/27 cluster time CIT High...

# The following chart shows the 40 week cycle on the Dow Jones chart. At it’s current rate it will be in it’s trough area close to the trough for the Primary cycle which is the 1st week in August. The vertical blue lines are the 40 week cycle...


# Another cycle that is coming up is the 50 week cycle. These are shown as the pink vertical lines. The next one is by date is July 24th but I would say July or August. As I would expect a substantial decline, this time may be unusual in that the markets have been distorted by Central Bank money...