S&P500 E-MINI FUTURES 7TH AUGUST 2022

 

S&P 500 PRIMARY CYCLES

1ST target reached and a July close above 4082 should see further gains in August to retest 4,287.

A bullish Market will reached 4410 in the last week of August

An Extremely Bullish Market will break higher in September in the 2nd week.

A bearish Market will fail around the 2022 50% level 4449,
and September closing below 4287.

If that happens, step aside, because my view of a Bear Market will be down into 2023 1st Quarter around 2,800