Past two weeks saw the 10 week cycle bottom. As expected the cycle top was right translated so the downside of the 10 week cycle will be minimal in time (say past 2 weeks down and a fraction of the rise in the prior 7 weeks). But, the total length of the cycle should be 10 weeks.
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, March 15, 2019
Mar 18, 2019 weekly outlook
Past two weeks saw the 10 week cycle bottom. As expected the cycle top was right translated so the downside of the 10 week cycle will be minimal in time (say past 2 weeks down and a fraction of the rise in the prior 7 weeks). But, the total length of the cycle should be 10 weeks.
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