📈 S&P 500, 25th week of the cycle, correction and reversal

🚀 Mercury retrograde continues to bring chaos, volatility and uncertainty to financial markets. The features of this period are clearly visible on the graph.

👉 The S&P 500 is obviously in a state of correction. The next extreme for the S&P 500 was predicted for April 22. This is the 25th week of a very mature cycle. It looks like the current cycle will end this week or next week. The beginning of a new cycle will technically be indicated by an upward reversal, since the beginning of any (even bearish) cycle is always bullish. The beginning of the cycle is the time to open long positions.

👌 The extreme forecast for the US stock market on March 20, 2024 was confirmed. According to the S&P 500, NASDAQ and DJ30 futures, it fell on March 21. Closing long positions during this period was the most optimal.



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