SPX Roadmap Jun 2022

2022년 6월 4일

It looks really bad. It does appear we are in a much larger bear market which is very early innings

2022년 8월 1일

노트

The bear market rally has been on since mid June. Min target 4200

2022년 8월 15일

노트

So far has followed the script to the T

2022년 9월 23일

노트

So far the market runs a month ahead as the high was in August, so likely the low is in Oct

2022년 11월 7일

노트

Pretty good outline but it is likely timeline has accelerated into the 1Q23

2022년 11월 10일

노트

So lowering potential target to 2450/2500 into 4Q23

2023년 2월 2일

노트

So far the long term pattern has developed in a similar way. Some indexes will make a new lower low, some will not

2023년 6월 10일

노트

I wrote this exactly a year ago...and lo and behold SPX is exactly where it should be now within the big picture

2023년 6월 11일

노트

Mid June to late July/early Aug is most likely volatile period with a potential for a sizable decline. Based on the nature of that decline, the current uptrend from mid March could subdivide. Meaning intermediate term low in later summer followed by a higher high into 4Q. But it will depend on the nature of the expected pullback (impulse vs corrective)

2023년 9월 17일

노트

This has worked incredibly well especially since I drew it in June 2022. But the expected decline into October will be a higher low vs March 2023

2023년 9월 21일

노트

The pattern most likely morphs into a triangle or diagonal. Which basically means that any downward leg mostly likely will target 3960s at its end. The potential Oct low could be just a temp low of the larger downleg or the penultimate low before the final peak of the Oct 2022 rise (potentially extending into Jan 2024). This is what happens when one is dealing with corrective structures, too much variability

2023년 10월 20일

노트

I am still amazed how well this tracked. The last turn down was expected in May/Jun 2023 at 4500 and the actual happened in late July at 4600! Not too shabby for something that was sketched in June 2022!

2023년 10월 20일

노트

The last wave down is very likely to be more protracted into 2025. Next year several multi-year cycles coincide which again means 20 to 35% decline again, but likely more protracted in time