Normal
The S&P 500 has completed the Primary Cycle break and Extend pattern from the 2017 highs and into the 2018, as described in my books.Everything is driven by the Primary cycle. Understand the Primary Cycle and you're well onto you way of doing extremely well in the market.Now I believe the Stock Market is still in a Primary Bull trend that's going to last a few more years, so we still want to BUY the dips.Because a reversal Primary trend from a completion pattern (BREAK & EXTEND) can often go looking for it's 50% level, and that 50% level is a lot further down @ 2575Last night it completed that move and I think it will continue higher once again.however, don't be surprised if it revisits the 50% level @ 2575 (double bottom) but these moves are part of the primary cycles.
The S&P 500 has completed the Primary Cycle break and Extend pattern from the 2017 highs and into the 2018, as described in my books.
Everything is driven by the Primary cycle. Understand the Primary Cycle and you're well onto you way of doing extremely well in the market.
Now I believe the Stock Market is still in a Primary Bull trend that's going to last a few more years, so we still want to BUY the dips.
Because a reversal Primary trend from a completion pattern (BREAK & EXTEND) can often go looking for it's 50% level, and that 50% level is a lot further down @ 2575
Last night it completed that move and I think it will continue higher once again.
however, don't be surprised if it revisits the 50% level @ 2575 (double bottom) but these moves are part of the primary cycles.
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