$SPX. Mkt is still grossly overpriced and setting up for major decline. Recent low was a 20week low and it is straddled by 7week/36 day cycle. Effect is peaks either side of low with peaks 7weeks apart. Next peak will be this week. Looking for high approx 4120 SPX. A break of short term trendline will start decline towards 3400-3000. Low later in year potentially is 2500 area
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