SPI SECONDARY & PRIMARY CYCLES
We didn't get the move down into the November lows for the swing, but instead a rise on the back of the S&P500.
I continue to be bearish based on the price action in the S&P 500, however the SPI looks to be rising into the 2022 50% and also the November highs, which is seen as resistance.
Read the S&P 500 report
