Loading ...SPX Yearly Cycle update
Stocks are still on track for their Yearly Cycle Low in the mid-November timeframe.
Second chart is a closeup showing my cycle count and how price has broken my blue IC uptrend which confirms that the SPX is now seeking out its next 5-6 month IC Low.
Previous post:
Thank you for the update! Please post when you feel the low is likely in.
About this, I think we are in agreement too, but I see the potential to possibly bottom even before the election.
Thanks Avi. You may be correct but from a Time perspective, an IC Low before the Election would only be 4 months and the 5 month IC Low pattern has been rather strong lately.
I am not saying the final low cannot happen before the Election but it would surprise me as Time and Price are equally important in my work.