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Oddlot

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Oddlot

Re: None

Thursday, 08/16/2018 11:39:03 AM

Thursday, August 16, 2018 11:39:03 AM

Post# of 41217
My approach leads to the following:
A 36day high was overdue, and then filled. To be followed by cyclic low due approx 8/22.
Meanwhile, the 9day cycle suggests that the rally may end Monday. The channel around the 9day CMA, which is an educated guess, would suggest 2857 as reasonable place to short for the move towards 2750-2760. New highs are not expected prior to 8/22 and would serve as a stop point.

Oddlot

Stay on the right side of the cycle!

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