Cycles won! We did 50 Spx points in 3/4 TD ( trade days)
Is there more to go perhaps but I'm in vacation mode. Rally will be over shortly. I won't put money down while I'am away.Here is a picture of my Static cycles as a guide and my Gann Wheel inspired
offset floating cycles. Happy trading Jerry NextLows (8-28,9-4)
Question: Are cycles stronger than technical’s? Sunday @4pm
Well I’am about to find out.
The cycle low came
last week as expected,but not the way I like it. Mostly it was too fast and unplayable in my mind,
because I count on a retest. I also count on technical's being over sold.The
MFI was close but others were mostly neutral.
I had the rally starting on the 14th but was
hedging because of the technical's.
If the cycles lead then next week will be up. If the
technicals lead and Friday hit a double top and a resistance zone then we will retest
Tuesday and scream higher.
I hate to read
reports if it doesn’t go up it will go down, but that is where I’m at.
Learning the cycle strength.
Jerry
Can you live for a month without the ATM?
