Arc Cycle Analysis on the 1h chart shows the S&P 500 Index trading between the 0.618 Arc and the 0.786 Arc in the current Arc Cycle. Price has moved beyond the 0.618 Arc boundary and is described as being in transit towards the 0.786 Arc, with the cycle labelled a mid-cycle migration phase and arc integrity assessed as neutral.<\/p>\n\n
The stated market bias is bullish, with a preferred scenario of potential continuation or cycle-to-cycle expansion towards a primary target zone of 7,790, aligned with the 0.786 Arc. The continuation case is invalidated by a sustained 1h close back below 7,650, corresponding to the 0.618 Arc, which would shift the framework towards the previous Arc Cycle.<\/p>\n\n\n\n