The downside of the 22TD cycle was offset more than I expected by the 34TD cycle upside. We ended up mixed with the S&P and DOW down. In the coming week it appears the 34TD cycle turns down and the 22TD cycle up (offsetting each oter to a great extent).
I have reviewed the longer cycles based on current data and made some shifts. The Wall Cycle (141 calendar days, about 102 TDs, 4 5/8 months) appears to be running long (5+ months). This implies the kitchen cycle is running long also (46-48 months) and the 1/3 kitchin cycle is 15+ months (3 X Wall cycles).
After this review I have attempted to show this visually:
And the longer cycles (less cluttered):
It appears we may have seen our rally for December and a sizable selloff over the next 4-6 weeks. Time will tell.
GL, happy trading and Merry Christmas.
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