Potential S&P 500 Millennium Cycle Complete,HUGE Correction Soon
I took the liberty to chart the path of the S&P 500 since the debut that this site would allow, starting from since 1871.Potential target would be in the proximity of the pink circle/prior wave 4. It appears that if correct then the top is very very near, in my humble opinion........
All The Best!
April 4 2024
S&P 500 sectors all fall Thursday afternoon
Quote:
"All of the S&P 500 index’s sectors were trading lower in late-afternoon trading on Thursday, with declines led by information technology.
The S&P 500’s tech sector was down 1.5%, according to FactSet data, at last check. The index’s healthcare, financials, communication-services, materials and industrials sectors were also seeing sharp drops of more than 1% late-afternoon Thursday.
The U.S. stock market was broadly down, with the S&P 500 falling 1.2%, the Dow Jones Industrial Average sliding 1.4% and the Nasdaq Composite dropping 1.3%, according to FactSet data, at last check.
The S&P 500 sector with the smallest losses Thursday afternoon was energy, with a modest 0.3% decline."
News April 3 2024
Short Sellers’ Activity Surges in US Stocks, Goldman Data Show
"Data signal hedge funds are starting to fight S&P 500 rally
Short selling on individual US-listed stocks is at its highest level in six months, with shares in the tech, telecom and media sector among the most targeted, according to Goldman Sachs Inc. data."
All The Best!