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.
Friday, November 23, 2018
Nov 25, 2018 weekly outlook
Appears one up leg to form a "W" pattern (slight) dip first?)
So AAPL finally fills its 5/1/18 GF @ +/- 168.75 next Monday with the market falling as GF is accomplished. Once filled...up, up and away for the revered holiday rally. Simplistic? Maybe.
So AAPL finally fills its 5/1/18 GF @ +/- 168.75 next Monday with the market falling as GF is accomplished. Once filled...up, up and away for the revered holiday rally. Simplistic? Maybe.
ReplyDeleteGF (Gap Fill?) can be a pivot point often but you have to CLOSE above/below the gap to get a true pivot. GL, hope it works for you.
ReplyDeleteThanks for your post, I read them every weekend or monday
ReplyDelete