Jul 17, 2022 • 5M
SP500 tactics going into late July
At the end of every trading day I focus on the type of day that developed and how cycles apply to the trading that was done. I also look ahead and see how the market is transforming as I make hypotheses on cyclical activity. I then look forward to the next trading day and week using sector analysis.
Of course I don't know when the peak of this 40 week cycles coming but I can be sure that until it's found high beta stocks will move up vigorously very quickly probably this week. I think there will be a small move down as buyers gather support yet again in this range that we're in.