The Trust Layer for Market Analysts

The analysis suggests higher prices are due in the S&P. Resistance is seen around 6350. A break above this level, followed by a retest and continuation, signals much higher prices are possible. The 8-month cycle is running up into mid-August, with potential buying opportunities during pullbacks. The high in August is important, if it is not much higher than 6350, a 20-year cycle will continue. There's an indication of a melt-up, lasting until early next year. Shorter-term pivots are seen around July 9th (low), July 16th (high), July 25th (low), and August 8th or 15th (high). The strategy is to buy pullbacks. Time is the director of traffic and is more important than price.