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SP500 Cycle Review
Created on: 11/1/2020 2:02:57 PM   Last Update: 11/1/2020 2:13:18 PM Posted by: RTT

sp500-cycle-reviewMany of our cycle methods suggest 2021 will see another major top in stocks. But how far down? Forecasting how large the correction may be is any ones guess, any thing from 10% to 66% is on the table.

Assuming the US elections do not shock, the built up energy (CAUSE) will release higher asset prices (EFFECT) for 4 to 8 months. The massive generation of COVID US M2 money supply is sitting in bank accounts ready to be leveraged (buy buy buy) by the major Wall Street banks. Yes you can confirm that the global liquidity is high and ready to hunt for a home.


Chart 1: The Kitchin cycle continues to work (notice the margin of error band).


SPY2



Chart 2: Bartels confirms the above cycle. Notice major market tops and timely intervals.


SPY 1



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NOTE: Posts here are the lite version, more depth on each subject can be found via our RTT Plus membership.

Changes in the world is the source of all market moves, to catch and ride the change we believe a combination of Gann Angles, Cycles, Wyckoff and Ney logic is the best way to ride the change, after all these methods have been used successfully for 70+ years. This post is a delayed and small sample of what is avaliable to members. Sign up to enjoy the full service.


NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

.."Money is made in tape reading [chart reading] by anticipating what is coming -- not by waiting till it happens and going with the crowd"...

Richard D Wyckoff


.."It does not take a majority to prevail, but rather an irate tireless minority keen to set brush fires of the freedom in the minds of men"...


Samuel Adams

..“It’s not what you own that will send you bust but what you owe.”..

Anon


.."Money couldn't buy friends, but you got a better class of enemy"..

Spike Milligan


..."The four most dangerous words in investing are 'This time it's different' "...

John Templeton




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