@allenreminickmarketforecast
YouTube
Avg. Quality
70
Success Rate
100.00
Analysis
1
Correct
1
Fail
0
Pending
0
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
SPX
Long Entry
6,734.7600
2025-10-22
07:59 UTC
Target
6,800.0000
In 2 Days
Fail
6,540.0000
Risk/Reward
1 : 0
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Final PnL
0.97%
P/L: —
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This is a technical analysis of the S&P 500 futures market. The S&P market is currently in an uptrend but is completing a corrective wave likely to end by the end of October. The market is repeating a pattern from 18.6 years ago. It is expected that the market makes a high point around October 22nd-23rd, followed by a dip into October 27th-29th. The two month cycle is in agreement with the 18 year cycle, a good sign. There might be a dip around November 12th-13th, before an upward trend until early January. Astrologically, October 28th, the sun is in Libra, its weakest sign. The lows tend to come in late October, early November. Statistically, the trader makes money 75% of the time if the trader buys now and holds until April or May of the following year. For the last 20 years, it has been 85%. There may be a significant increase in the market up until December. There is also a possibility of a low in the third week of November. One should not be aggressive long, nor should they be aggressive short. On the downside, they do not expect a decline. The 18 year cycle had a 6.6% pullback. In the futures market, 6800 is a high resistance level.