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.
Tuesday, April 30, 2019
May 1 - 40, 20,, 10 week cycles (SPX 2019)
as requested:
Mid cycle bottom (20 week cycle, and 10 week cycle bottoms) as 40 week cycle tops.
Thanks Inlet, I don't know why but this is playing out as first discussed......a real sell in late May seems very good possibility.....
ReplyDeleteAgree on late May, but you could get a quick drop that wipes out 5-10% quickly.
ReplyDeleteOld saying -- Sell in May and go away.