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.
Sunday, February 12, 2017
Outlook Feb 13, 2017
Shorter cycles - some up/some down and probably offset.
but when we look at some longer cycles we see one at a top (Feb 10 a longer term high?) and another topping in March (could see a market give up 20% to give us a bear?). We will know by May/June.
Hi , Im just trying to get my head around the 20%. Is that a loss of 20% within a cycle (if so which cycle?) or 20% of overall price (1853)?Also can i ask how do you reconcile a possible market top in spx and at the same time the DXY also moving into a cycle decline? Thank you
Hi , Im just trying to get my head around the 20%. Is that a loss of 20% within a cycle (if so which cycle?) or 20% of overall price (1853)?Also can i ask how do you reconcile a possible market top in spx and at the same time the DXY also moving into a cycle decline?
ReplyDeleteThank you
DXY and SPX not necessarily correlated.
ReplyDelete20% of index total value.
ReplyDeletethank you
ReplyDelete