S&P 500 Primary & Weekly cycles
Still Bullish for a couple more years - Target - 3076
A few minor resistance points in August - @ 2883 & August highs.
Trend remains up, as long as it remains above the Weekly lows @ 2804 in August.
Long term Support @ 2743 (monthly levels)
S&P 500 Chart
Obama v Trump
– Stock Market analysis
·
Obama is elected and market drops 27%
·
Takes 9 months to get back to the level when Obama
was first elected
·
Takes 5 years to get back to Bush’s highs
·
Obama’s market is 33% from when it takes out the
old highs and to when trump is elected.
·
Trump is elected and market rallies
·
First 9 months and it has risen 16%
·
First 20 months and it has risen 35%
And there’s still more upside to go…
