I made good money in 1988, selling short every 32 to 35 day tops. It worked pretty well for a long time, then it didnt.
I dont use cycles that much, trusting to the pattern. this pattern could result in a pullback to 21dma, or with more upside.
Again, the end of a bull market stocks go up in face of worse economy, thinking is just a pause.
BTW, car sales usually get worse just before the economy drops into a recession, so they are still doing ok, so economy is not yet falling apart
Funny, my target for sds today was 35.45, but got out early just to be safe, had I waited would have not lost any money at all!
