Loading ...Stock Market and NFP miss
Saw this on another Blog and found it interesting. First Chart supposedly shows what happened the last 3 times we had a big NFP miss (I have not verified this).
The chart is from 7 Sentinels who thinks we are in a primary Bear which matches my longer term Cycles Analysis. That said, the SPX is now testing the last Intermediate Cycle high from November 2015. A higher IC High followed by a higher IC Low this summer would move me into the Bullish camp.
My second chart shows the close up price action into last Friday with respect to my Trading/Daily Cycle trend line .
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