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.
Possibly a low in October (May be early October or late Sept. Have 20 week and 40 week low due in that time frame. Or, a right translated cycle top (past mid cycle would push a low into mid Oct (or later?). We have to be aware of possible outcomes.
Ok and what will the nest do?
ReplyDeleteWould you like to receive information from you again for gold.
ReplyDeleteCan you draw again for gold.
ReplyDeletehttp://econocasts.blogspot.com/2019/06/20190621-gold-cycle-model-chart.html
DeleteOthers follow gold more than I do. Trade silver because its lower price gives it a bigger BETA,,,,
Can you please explain what the expected consequence is of the formation of a nest?
ReplyDeleteA nest forms when multiple cycles bottom in approximately the same time. An upward "thrust" is likely.
ReplyDeleteBut the main low is still around end of September, right?
ReplyDeletePossibly a low in October (May be early October or late Sept. Have 20 week and 40 week low due in that time frame. Or, a right translated cycle top (past mid cycle would push a low into mid Oct (or later?). We have to be aware of possible outcomes.
Delete