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.
Tuesday, July 12, 2011
comments and outlook for 07-13
Update 07-13 10:30 am EDT - Appears I still have the cycles shifted off by 1 day and yesterday was the short term bottom?
Looking for a short term bottom tomorrow as all the short cycles including the 34TD cycle are down.
Here is a visual:
GL traders. Do your own analysis. Beware of the bears.