SPI PRIMARY & WEEKLY CYCLES
STOCK MARKET LOOKS TO BE MOVING TO THE 100% RANGE AT 6775.
IT CAN MOVE UP EARLY AT THE START OF THE 3RD QUARTER, IN JULY
OR
IT CAN MOVE DOWN INTO THE JULY 50% LEVEL, WHICH IS ABOVE THE YEARLY HIGHS AND THEN GO HIGHER
IN CONCLUSION
THE MARKET IS GOING HIGHER UNTIL 2020
HOWEVER, WHEN IT HITS 6775, I WOULDN'T WANT TO BE HOLDING LONGS, AS IT RARELY SPENDS MUCH TIME ABOVE THIS LEVEL IN THE PRIMARY CYCLE
6775 IS A LEVEL YOU WOULD LOOK FOR SET-UPS TO CAPTURE SHORTS FOR REVERSALS INTO LOWER LEVELS, AS PART OF A TREND THAT'S GOING HIGHER.