Looking at cycle projections a bit shorter today, the 6 month cycle projection comes to about 36,000. That’s done.
Yesterday, I showed that the 9 month cycle projection of 39-40k had been exceeded.
Zooming in to the 30 minute bars, I get a 2-3 day cycle projection of 37,000. The mini top pattern of the past couple of days measures to around 36,000.
Trend resistance closing in on 41,000. Trend “sport” is down around 33,600 approaching noon ET. Those trendlines drop another thou at midnight tonight.
