Weekly S&P 500 Review - 26 Mar 2022 / 圖表派:一周美股回顧
Weekly S &P 500 Review - 26 Mar 2022 The S&P 500 Index went up 1 . 79 % this week and closed at 4543 . We continue to maintain the medium-term trend as a downtrend. The SPX continue it’s Minor B rally and go north in most of the trading days. Our long-term labeling on the SPX is after the Cycle 2 bear market ends at 667 in 2009, we’re in the Cycle 3 bull market. Cycle 3 wave have 5 primary waves, and Primary I finished at 2134 in 2015 (with 1467 points), and Primary II ended at 1810 in 2016, then we proceed to Primary III. In the medium-term, Primary III has 5 Major waves, where Major 1 closed at 3394 in 2020 (with 1583 points), and Major 2 ended at 2192, and we’re in Major 3 now. The Major 3 wave will have 5 Intermediate waves, and the Intermediate i has already finished at 4819, while we’re in the Intermediate ii pull back. The initial target for Intermediate ii will be 3700. In the short-term, Intermediate ii will have 3 Minor waves. The rally this week confirm