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Replies to #26161 on Cycle Trading
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dealerschool2006

11/22/22 9:19 PM

#26162 RE: Oddlot #26161

why aren't traders recognizing that capital loss harvest season is commencing...why are there artificial pumps when the inevitable is upon us??? 2018 Dec 4 (Tuesday) began the slide...maybe this year Dec 6 (Tuesday) will begin the slide???
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Oddlot

11/29/22 1:37 PM

#26184 RE: Oddlot #26161

$SPX we are currently in week15 of the 21week cycle, and week35 of the 40-43 week cycle, counting from prior highs. IMHO 3830 is a reasonable lower boundary of 21week channel, and fits with action point for 30min pnf using atr boxes. So, hang in there for another several weeks.