As described in the latest “Stock Index Cycle & Trend Momentum Report,” our projection for the SPX this week is for it to rise to 2700-2709 before ultimately rolling over. This will be followed by a period of risk that will continue into the second half of May. As we explained in our Big Picture Analysis on YouTube, we see the period from May to July as a period of high risk in the stock market because the declining phase of the current intermediate market cycle will conclude during that time.
Disclaimer: So many commentators talk about a stock market crash, bust or boom just to make it exciting. Slim looks at things very differently, applying his unique cycle analysis to nearly 400 widely ...
Disclaimer: So many commentators talk about a stock market crash, bust or boom just to make it exciting. Slim looks at things very differently, applying his unique cycle analysis to nearly 400 widely held stocks, futures and ETFs. Watch Slim's very popular short-term view of the markets every week. And, contrary to most analysts, he holds himself accountable to his analysis each week. Also, there are interviews of coaches, traders and other market pros, along with an occasional political rant. Slim is still an active trader in index futures, gold, silver, bonds, oil, dollar, euro, stocks and options. He is also a trader coach and hedge fund consultant.
Please refer to the askslim.com website for info on these services. Like Slim's charts? You can have them right on your TOS platform. Just subscribe!