Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Friday, July 8, 2011
Comments and the outlook ahead 07-08-2011
If you have not done so I encourage you to look at the comments by Shadow on my last post. He has some very insightful comments.
I have taken some of those insights and tried to represent them in chart format. Here is that chart:
GL traders. Any errors in the chart are by the author not Shadow. I appreciate the contribution of him, Best and others in my effort to offer you the best information possible.