InvestorsHub Logo
Followers 48
Posts 4400
Boards Moderated 1
Alias Born 03/21/2007

Re: Oddlot post# 49681

Wednesday, 11/14/2018 2:04:59 PM

Wednesday, November 14, 2018 2:04:59 PM

Post# of 51778
SPX medium term obj of 2550 area, based on sustained crossing of 3day avg of FLD216 (equivalent to change of slope on 216day/43week MA). This change of slope from positive to negative occurs when price has moved 50% of total pending move on cycle twice the length of FLD, i.e. 432day/86week. Assuming last low was in Aug2017, the next expected low is week 19 of 2019, or May 2019.

A nesting of cyclic lows is expected nominally for 22week of 2019, including the 3.3yr/172week. Possibilities exist, without tech evidence yet, of a low below 2000 at that time.
Oddlot

Stay on the right side of the cycle!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.