Sunday, September 3, 2023

S&P 500 Cycles Forecast | Sergey Ivanov

S&P 500 / ES Major High = ± Sep 08-11, 2023 (Fri-Mon)

 

The 2nd half of this week [Sep 04-08] is going to be bullish for the index. Talking about the most probable date for expected (at daily time frame) bearish turn we may rely on the Moon cycle at M30 chart. If today's drop is considerable then a local top is was already set. The next date for local high will be reached by the end of Friday [Sep 08] or the very beginning of the next Monday [Sep 11].