18.7 C
New York
Wednesday, April 24, 2024

SP500 Cycle Review

Courtesy of Read the Ticker

sp500-cycle-reviewMany of our cycle methods suggest 2021 will see another major top in stocks. But how far down? Forecasting how large the correction may be is any ones guess, any thing from 10% to 66% is on the table.



Assuming the US elections do not shock, the built up energy (CAUSE) will release higher asset prices (EFFECT) for 4 to 8 months. The massive generation of COVID US M2 money supply is sitting in bank accounts ready to be leveraged (buy buy buy) by the major Wall Street banks. Yes you can confirm that the global liquidity is high and ready to hunt for a home.





Chart 1: The Kitchin cycle continues to work (notice the margin of error band).





Click for popup. Clear your browser cache if image is not showing.

SPY2




Chart 2: Bartels confirms the above cycle. Notice major market tops and timely intervals.





Click for popup. Clear your browser cache if image is not showing.

SPY 1




Divider







Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.





NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



…“I believe that anyone who is intelligent, conscientious, and willing to put in the necessary time can be successful on Wall Street.  As long as they realize the market is a business like any other business, they have a good chance to prosper.”…



Jesse Livermore





..“If a speculator is correct half of the time, he is hitting a good average. Even being right 3 or 4 times out of 10 should yield a person a fortune if he has the sense to cut his losses quickly on the ventures where he is wrong.”..



Bernard Baruch





..”If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks”..



John (Jack) Bogle





..”If past history was all there was to the game, the richest people would be librarians”..



Warren Buffett





..”October: This is one of the peculiarly dangerous months to speculate in stocks. The others are July, January, September, April, November, May, March, June, December, August and February.”..



Mark Twain







Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments

Stay Connected

157,327FansLike
396,312FollowersFollow
2,290SubscribersSubscribe

Latest Articles

0
Would love your thoughts, please comment.x
()
x