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.
Again, 2 rate cuts might have thrown any cycle repeat on right translated move down out the door...rate cuts seem to negate put buying...this will be the week to see what plays out...
Chart is WEEKLY
ReplyDeleteWait a Minute what am I missing
ReplyDeleteThought a low was in October ??? Big
I though all cycles going down to oct end
ReplyDeleteEnd September-beginning October was supposed to be the meeting point of multiple cycle lows?
ReplyDeleteYou want exact?
DeleteWe are waiting for you to give us exact.
or did you miss the discussion of right translated?
Or the comment about overshoot?
Read the disclaimer at the beginning of the blog and go do your own technical analysis. We look forward to your revelations.
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DeleteAgain, 2 rate cuts might have thrown any cycle repeat on right translated move down out the door...rate cuts seem to negate put buying...this will be the week to see what plays out...
ReplyDeletegood luck in trading...
Posting soon ??
ReplyDelete