Short Term Trading Member Forum

[techcharter]

Updates to my spectral model using INDU and SPX data.

The longer term has not changed. The combined 3 and 7 year cycles continue to roll over. The whipsaw action of the past 6 months has caused only a slight pause of the downtrend, which is resuming. 2016 is looking like the year of the crash as these cycles accelerate to the downside.

I've been working on techniques to improve the model for shorter cycles. The challenge in finding short term cycles is fewer data points means less of the signal is available for analysis. The 80 and 120 day cycles are starting out in their sequence of activity, and they look remarkably clear. A sequence of activity lasts 3 to 5 cycles. Their combined effect is rolling over, and a move to the downside should end below the summer lows in the INDU and SPX.