Northam, I have cyclic highs coming "soon" for the 43week, and a low in late Oct. The 72day ended at end of the consolidation and was a shortened 60days vs 72avg. Importantly, the target ranges for both cycles nest: 3060-3160, and 3120-3145. The intraday FLD72 has been penetrated, sustained strength will confirm. Bearish sentiment was high before the turn, and will create a melt-up into the target ranges. The drop into the Oct lows may be just as dramatic.
Your D-E-2 objective matches my area, and timing expectation matches the need for high prior to downmove into Oct lows.
Thanks for your help.
Oddlot
Stay on the right side of the cycle!
