S&P 500 Primary Cycles
As a continuation from the previous post, the S&P 500 has struggled to move back above 2824 and is selling off into the close of the month.
I still continue to be Bullish, and if I'm correct it should find support around the 2018 50% level, the November lows (NEXT WEEK) and then move up into new highs into 2020.
However, if I'm wrong and we can see the 2019 50% level is now above price (BEARISH) the
S&P 500 will go looking for a 50% retracement towards 2060.
A 'Crash', as many are calling will often go looking for a 50% retracement - 2060 is the target.
