S&P;500; UPDATE

$S&P;500; is finally Trading around 4,000, last week when we reviewed it, it was around 3,850, but TIME for short term was up, as long as it was above, 4th,NOVEMBER low of 3,698
It went very close to that, but protected that, and rallied very hard. Which took everyone by surprise, still the rally has been contained under 4,050
Let’s see whether that’s taken out or not, in Coming days!
Anyways S&P have posted a critical high yesterday, at yesterdays high it has almost covered 64% distance of (AUGUST-OCTOBER) decline! Historically this often turns out as a Turning Point.
According to (TIME CYCLES) the deviation which took place in mid OCTOBER is likely to end on 18th,NOVEMBER so this move approximately should end soon. And once this ends, we should travel down, back to OCTOBER low of 3,491 and ofcourse 3,260 which has been my minimum projection for this BEAR MARKET in U.S.
A daily close below 3,944 would give primary indication that this rally is coming to an end. There was never a possiblity of a Larger reversal, and until few objectives are really met that option is just not there.
So it’s only a matter of TIME, this BEAR MARKET have produced several ecliptic fake out rallies during this year and this recent rally is no different. Every BEAR MARKET rally ends differently, let’s see how this one ends!

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