S&P Primary & Weekly Cycles
1. weekly low closes around 4018 & then swings up to retest the break next week @ 4150 (weekly closes on its lows and then reverses upwards next week.
Early May saw the Weekly patterns play out - Retest of the break, then retest of the Weekly lows and then continue higher
S&P 500 Remains above the Yearly highs, as it continues towards the 2nd Quarter highs in the final month of June and most likely push higher in the 3rd Quarter
There will be resistance levels in each Quarter, but how far will be market reverse down, as the US Economy re-opens after Covid-19?
Whilst above the 2021 highs, expectation is that it will push higher in 2022
