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Tuesday, July 16, 2024

S&P 500 Time & Price Targets | Seasonality & Measured Moves

 Second push and month out of the April-May consolidation seems about to complete at around 5,750

 First month of the third quarter. After a sideways-to-down retracement, third push in August to around 6,000 (± 100)? 
The tri-annual R1 level is at 6,019.
Or the Armstrong Panic Cycle kicks in right now this week or the Feigenbaum Cycle in early August? 
The 40 Month and the 42 Month Cycles point to a multiyear high in August (± 2).