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.
Saturday, August 18, 2018
August update (aug 20, 2018)
My last update I suggested that August would see an "up" move by the market. The market may stall last week and half of August. Here is a view:
Sine waves is one way to identify cycles (nine month and 18 month cycles identified on above chart. RSI is another popular indicator for identifying cycle turn points.
I try to educate as I inform - give you the tools to do your own analysis
no more cycle analysis?
ReplyDeleteJust a change of pace.
ReplyDeleteSine waves is one way to identify cycles (nine month and 18 month cycles identified on above chart. RSI is another popular indicator for identifying cycle turn points.
I try to educate as I inform - give you the tools to do your own analysis