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markrivest
Jul 13, 2018 5:22 AM

Could SPX Bull Market End on 8/20/18 Long

S&P 500SP

Description

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
Comments
judejames
nice try. 3050 target makes sense.
cocawater
Hi Mark,

Is this sill valid ? Are we expecting something on this day ? Thx.
markrivest
@cocawater,

Hi
Yes still valid. A possible major top - meaning a new SPX all-time high could happen. 8/20/19 is the bulls eye date, because
the two time cycle is are seperated by several years any new all- time high in August could be the top.

If SPX does not make a new high in August I would consider the cycle invalid.

Mark

cocawater
@markrivest, Thanks Again, Mark, for your time.
DaddySawbucks
Good chance all the indices are close to topping and the pullback could be sharp in late July; Your idea of August as pivot point makes sense- hard to call when exactly. Good luck!
markrivest
Hi @DaddySawbucks

Thanks for the comments.

Mark
TheSwinger
Hi Mark,

I think you had a mini typo there when you wrote "3/19/18 a Sunday.", but I got the idea. I believe you meant 8/19/18. Keep up the good work.
markrivest
TheSwinger,


Hi the typo has been corrected, thanks for the catch.


Mark
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