S&P 500 Primary & Weekly Cycles
I think there is more in this market for 2017, so we are looking to BUY the dips using the monthly trailing support levels, with a LONG term target in 2017 towards 2573. (1st April Report)
S&P 500 has reached it's target @ 2573, I would begin to off load long positions, especially if long on MARGIN positions.
Sure the market can continue to move higher into the end of 2017 (push up into November highs),
and I do still think that this current trend is just the start of a multi-year stock Market Rally, since in 2015 I called for double bottom lows to occur in 2016.
Therefore I would still continue to look to BUY the dips in 2018.
