SPX LT analysis
To the analysis of the prior post, I would like to add the following:
Re 40week low
Prior low occurred week of 4/1, or week 14 of 2018. 40weeks later is 54-52 = week 2 of 2019.
If cycle is 43weeks, my preference, then 1st week of Feb.
Tax selling thru Dec will end, and IRA/pension contributions start Jan1, so bottom may occur Jan2 or anytime soon thereafter.
My target of week22 for the 3.3yr cycle low may be deferred by 20-22 weeks in order to synch with the low in Jan.
Stay on the right side of the cycle!