The S&P 500 seems to be following an 11-12 week cycle since the start of this bear market. IF this holds again, it means the top was already formed last week and the market starts to head lower from here. I have also got confirmation for this by looking at Euro Stoxx ~ 8 week cycle which is giving the same signal.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.