The below chart shows how dominant weekly cycles in S&P controlled price dynamics leading to the rise and big 30+ % decline in S&P. Market made a precise top right into the weekly cycle peak. While, we were originally expecting S&P to reach as high as 3504, our subscribers exited all long positions with a peak in cycles and break of daily trend in 3320s.
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| S&P Weekly Cycle - 03/27/2020 |
