I told you over the weekend that the 22TD cycle may again be assuming dominance. Given that the last 2 days saw very little downside I think plays into the theme of 22TD cycle dominance. Here is the SPX swing cycles (my interpretation):
Selasa, 15 November 2011
11-16-2011 outlook
We have 2 cycles topping and 2 cycles bottoming on Wednesday. So the only cycle with a clear direction is the 34TD cycle. Given this we could end down 10 points or up 10 points depending on the exact timing of cycles topping and bottoming.
I told you over the weekend that the 22TD cycle may again be assuming dominance. Given that the last 2 days saw very little downside I think plays into the theme of 22TD cycle dominance. Here is the SPX swing cycles (my interpretation):
GL traders, do your own analysis.
I told you over the weekend that the 22TD cycle may again be assuming dominance. Given that the last 2 days saw very little downside I think plays into the theme of 22TD cycle dominance. Here is the SPX swing cycles (my interpretation):
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