Smartpredictor
Long

$spx - time to rock and roll!

FX:SPX500   S&P 500 index of US listed shares
65 2 2
This is what I think about May 2015, and June 2015 close.

May 2015 - 2142-2167 $spx            
June 2015 - 2220-2240 $spx            

Today was a breakout day with a new ATH             CLOSE shorter term, there may be some more continued drama into 5/21-23 but overall we should trend higher from here.

STOPS 2104/2091.56/2078 DAILY CLOSE with the last one being the related INTERMEDIATE DEGREE STOP

I run neurals and generate custom charts, I don't see a way to load that here, so drawing lines to reflect what I have on my cycle strength chart. More on my blog at smartpredictor.com.

Thanks, and good luck!
Thanks for sharing this, I had a look at your website and will follow progress of this trade. I do not currently use cycles in my analysis but I am very keen to add them. Your prediction is very bold and would tend to disagree with more conventional technicals. I will follow carefully hoping to learn.
Reply
Smartpredictor SteveTobin
2 years ago
Hey Steve - thanks for the comments! I stick with technical approach and zero subjectivity. All numbers have been laid out, and the past cycles maps shown against $spx, and now we have to see if we see a difference in cycle strength from the past few months. That is what it says, and I am going with it until proven wrong by the STOP levels. All the best and look forward to connecting with you again and contributing more. Thanks!
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