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.
you moved the 20 week cycle bottom substantially from just a week ago. i call BS. you didnt show the 40 week last week, more BS. you dont have a clue. sorry. i like your site, but this data is unreliable.
Follow the flow of posts please - as indicated the cycle is right translated so there will be some variance. Feel free to furnish your "perfect" chart and I will post it and credit you. Is that fair enough?
I write on it anon and love the right shift...its here, expect downward pressure next week to help influence the upcoming pigmen giveaways........buying 1X shorts...2x on down move, 3x on sustained below 30 RSI.
Given the number of holidays (no trading) since last significant bottom Dec 26 that accounts for more than a week of the shift. There are 39 weeks in 3 quarters not 40 weeks (13 weeks per quarter) -which could account for another week of shift in 39-40 weeks.
I do not attempt to account for these variables. I believe my charts give a good visual of the market/stock data. My proof is the performance of my equity account (12.4% YTD).
you moved the 20 week cycle bottom substantially from just a week ago. i call BS. you didnt show the 40 week last week, more BS. you dont have a clue. sorry. i like your site, but this data is unreliable.
ReplyDeleteFollow the flow of posts please - as indicated the cycle is right translated so there will be some variance. Feel free to furnish your "perfect" chart and I will post it and credit you. Is that fair enough?
ReplyDeleteI agree with your prediction, indeed be careful, the top might be VERY right-translated and than a very sudden big drop
ReplyDeleteagreed
DeleteThank you very much for the update!
ReplyDeleteHope you make a large sum of $s....
ReplyDeleteI write on it anon and love the right shift...its here, expect downward pressure next week to help influence the upcoming pigmen giveaways........buying 1X shorts...2x on down move, 3x on sustained below 30 RSI.
ReplyDeleteHappy 4th of July weekend....
Given the number of holidays (no trading) since last significant bottom Dec 26 that accounts for more than a week of the shift. There are 39 weeks in 3 quarters not 40 weeks (13 weeks per quarter) -which could account for another week of shift in 39-40 weeks.
DeleteI do not attempt to account for these variables. I believe my charts give a good visual of the market/stock data. My proof is the performance of my equity account (12.4% YTD).
Does that mean the 10 & 5 week cycles are to the right of mid-July?..somewhere around July 19?
ReplyDelete