Market Analysis Summary The S&P 500 Cash Index closed at 5459.10 on July 26, 2024, with weekly projected resistance at 5522 and support at 5328. The index reached a high of 5585.34 on Tuesday before declining sharply, closing the week down 0.8% at 5459.10. Multiple cyclical trends are currently influencing the market. The 45-day and […]
Market Close: The S&P 500 Cash Index closed at 5615.35 on July 12, 2024, with weekly projected resistance at 5682 and support at 5539. Cycle Phases: The current upward phase of the 45, 90, 180, and 360-day cycles is expected to continue into mid-July or later, with potential for the S&P 500 to reach 5650 […]
Market Overview:The S&P 500 Cash Index closed at 5567.19 on July 5, 2024. Weekly projected resistance is 5631 (±) with support at 5507 (±). Monthly projected resistance is 5474 (±) with support at 5144 (±). The 2024 yearly projected resistance is 5274 (±) with support at 4289 (±) Recent Performance:The S&P 500 gained 106.71 points […]