Jan 28, 2026
Update
Updated chart of the SPXEW - there were comments that it creates only confusion. No, the opposite - we see more clarity because SP500 is heavily skewed by a few mega tech stocks. On the equaly wighted index you can see clearly the pattern and the cycles - strong a-wave, the long sideways correction b-wave and the weak completition the c-wave.... with all the 20w/40w cycle highs and lows right on schedule.
This one was posted on 6th of December as possible pattern - c-wave
Eight weeks later it looks like this is the pattern. The cycle lines are pointing to the second week of February - if the 4-th wave is a triangle or flat probaby it will take a few weeks and reach the time target, if 4 is completed next week we will see the final move c/5/C.
Worst case it is done... SP500 already completed zig-zag higher.
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From the second image what's the point of a 40 week cycle when high low isn't even close to 40 weeks? One looks like it's 4 months apart.
ReplyDeleteCycles are counted from high to high / low to low not high to low.
DeleteBetween two 40w cycle highs there should be always 40w low - that is why you have series of high,low,high,low.