Sorry about bad audio - not familiar to the new mic.
1 extracted signal · 1 resolved · 0 still active
JB Cycles17 May 2025, 07:08 UTC
AI-generated source summary
The video presents a technical analysis of the SPX, questioning whether the market is forming a double top or setting up for an ABC extension. It references a three-and-a-half-year cycle suggesting potential topping formation continuing into June before it falls . The presenter analyzes historical analogs from the 1950s, 1960s, 1993 and 2014, including comparisons based on moving averages and identifies two scenarios. The presenter suggest that a potential is for a double top formation that could push the market to 6000 in the next 6 months, failure price is 4000 . The speaker notes that in bullish markets there topping can form a crash and therefore the speaker mentions that he leans bearish for SPX .
AI-generated summary based on the source content.
Evidence and evaluation progress
- Original source published
The analyst published the original source item.
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The first evaluable outcome in this case reached a terminal result.
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All evaluable predictions in this case reached terminal outcomes.
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- Market predictions extracted
1 eligible signal linked to this case.
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Signals in this source
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My monthly and weekly data look ready for some decent downside, but I can´t see a good setup in the daily data. We either have to get a real breakdown this coming week, or maybe it will be a final fake bullish breakout (beartrap) that will complete the setup...
Time is running out for bears in this "10-week oscillation"... but it could still happen into around Feb.09
JB Cycles
Tahlil Plus independently records and evaluates public market predictions. Extraction may be AI-assisted and results follow the Tahlil Plus methodology. This information is not financial advice.
