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.
Thursday, June 20, 2019
June 21 outlook
Lack of pullback after FOMC indicates market is not ready for pullback yet. Sometimes you get the BEAR - sometimes the bear gets you.