S&P 500 - 31st October 2023 | @ 77 Days | + 5.53%

Last trade: + 5.53% | 'B' class signal detected in the S&P 500. Running at an average wavelength of 77 days over 14 iterations since Feb 2021. Currently troughing.

ΣL Cycle Summary

With updates plentiful across multiple stock market indices for this prominent wave, it is the S&P 500 on the menu here. The component, running at around 77 days average wavelength from a sample of 14 iterations since early 2021, has been relatively well behaved and is notably more apparent after the low of mid-late 2022 as the influence…