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SP500 Volatility Continues

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 14, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    SP500 For the SP500, cycle-wise Feb 11 was the Primary cycle trough. 1 that started on Aug 24th. Feb 11th was a slightly lower low than Jan 20th low. Jan 20th was the low for a number of other indices. Feb 11th should start a new nominal 18 week cycle in the SP500 and we are entering the 5th week . We most often see a nominal 6 week cycle to start a new nominal 18 week cycle. The 6 week cycles has a range of 5 to 7 weeks so we are in the time frame for a crest for the new 6 week cycle.

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