S&P 500 PRIMARY AND WEEKLY CYCLES
S&P 500 COMPLETES THE BREAK AND EXTEND PATTERN FROM THE 2020 HIGHS INTO THE 2021 HIGHS.
IF FUTURES OPENS BELOW 4014, THERE COULD BE SOME SELLING PRESSURE, THAT CAN SEE PRCE BACK INTO THE WEEKLY LOWS.
EVEN A SLIGHT PUSH UPWARDS INTO 4072 & APRIL HIGHS, WILL GET SHORT SELLERS APPEARING.
IF IT BREAKS THE WEEKLY LOWS, THEN DOWNSIDE TARGET IS 3516.
HOWEVER, IT WON'T SURPRISE ME TO SEE PRICE MOVE UP TOWARDS 4332, EITHER BY LATE MAY / JUNE
AND IF IT DOES MOVE THAT HIGH, I THINK IT WOULD BE WISE TO BE MOVING INTO CASH ON MOST ITEMS, INCLUDING CRYPTO
