Thursday, May 16, 2024

S&P 500 Cycles - Top May 25th [+/-] & Correction into Mid-June | Martin Biber

The medium-term cycle (orange) shows a top around the 25th of May [+/-]. The short-term cycle is topping and has another down-up move into the late May cycle top. After that, we should expect a two to five-week setback before a new uptrend starts.
 
 
[My approach only needs a few daily data points to adjust to a new situation.]