markrivest

Could SPX Bull Market End on 8/20/18

Long
SP:SPX   S&P 500 Index
There could be a time relationship between the SPX 1990 to 2000 bull market with the bull market that began in 2009.
The 1990 to 2000 bull market was 3453 days adding this to the start day of the bull market that began on 3/6/09 targets 8/19/18 a Sunday.
The nearest trading day is 8/20/18.

Note the bullish Stochastic cross over.
Important turns have occured in August.
Bull market top 8/24/87
Bull market bottom 8/9/82
Mini crash bottom 8/24/15
Mini crash bottom 8/9/11.

Tonight 7/12/18 the S&P futures have pushed above important resistance at 2801.
If the SPX can open or move above 2801 on 7/13/18 it could be the start of a multi - week rally to new all time highs.
My major SPX resistance target remain 3050.

Mark

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