SPX Time Cycles
· The early June peak coincided with a cycle peak confluence of multiple cycles.
· While longer cycles have turned down, or are doing so, the cycle picture is especially complex next week for some dominant long cycles.
· In the next few days we have the following estimated peaks and troughs: 1. 122.4td peak (green diamond); 2) 58.9td trough (orange diamond), and 3) 186.6td peak (red diamond); It is not very clear how this will play out, but one could argue more upside bias early this week based on these three cycles.
· Then all should head down toward the trough of the 77.3td cycle about 7/13/26, which is relatively strong and could produce a bounce going against these other cycles.
Note: the triangles and diamonds in the top panel correspond to individual cycle peaks and troughs for short and long cycles, respectively. The color codes are provided in the legend.
