$SPX
Since the Oct 2022 bear market low:
41 weeks up → 12.3% reset
38 weeks up → 10.8% reset
42 weeks up → ~10.2% reset
Ever wonder how often resets happen?
About every 40 weeks.
Same structure. Same behavior.
Markets don’t crash from exhaustion.
They reset, shake people out, then continue.
Could we dip more? Sure.
Calling for a waterfall here is late.
This is where weak hands get forced out.
Cycle intact.
Enjoy the weekend.
$SPY $QQQ @Optuma