zondag 13 augustus 2017

SP500 Index Update

# The SP500 is in the time frame for the nominal 18-week cycle trough and is beginning to move down. The exact 18th week would be the 1st week in August.
# The Total Solar Eclipse on August 21st is almost here. Things have certainly become more surprising as we approach that date.
# The following daily chart of the SP500 shows the Geocentric Bradley indicator (thick red line). It indicated a change in trend on August 8 and the SP500 started down. We won’t go straight down and may get a bounce this week...


# We touched long term channel support on the Emini SP at 8/11 Low. We should now see a strong rally, as there is a (higher) Low at the 8/15 Geometric time CIT...