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.
Wednesday, October 27, 2010
Cycle Amzn
Furnished by request. Here is a longer term outlook..... The longer 270 day (Gann cycle length) should top around Nov 19 and appears to be dominant. The short 90 day cycle (Gann cycle length) should bottom around the end of the second week of Nov. This may lead to sideways action in AMZN as it goes through a topping process.
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