If e-waves don't work, use cycles.
I've been working on spectral techniques lately, again. All computations use data as of the close of Friday June 29. When I use the term "period", I'm not referring to nominal hurst cycles.
The 8 day period bottomed today with an amplitude of about 55 points
The 14 day period should top around Tuesday of next week, with an amplitude of about 95.
The 30 day period bottomed last Friday, with an amplitude of 105.
The 60 day period should top with the 14 day period next week, with an amplitude of 67.
The 90 day period is in the later stages of a strong move up, with an amplitude of 92.
The 160 day period is entering the strongest point of its rally, with an amplitude of 440.
The 320 day period is getting toppy, with an amplitude of 200.
Over the next 5 days, the general direction should be UP. Then a top.
