Replies to post #36820 on CHARTS_CCI_SYSTEM

[keepsinvesting]

Ur system is beginning to make more sense that u post these, i’ve never looked at cycles like this. Thanks for all u share n teach!

[northam43]

With the 60-2 ending today, that was 17 between cycle points, so the 60-2 goes to zero points between cycles. That put the Bull/Bear strength meter at -18.86%, which dropped the Bull strength to 50.68%, the Bear strength is 69.54%. At the 60 min level the Bull Cycles now have 8 between cycle points and the 60 min Bear Cycles have 6.

7 of the 8 60 min Bull Cycle between cycle points are the 60 min extended Bull Cycles (60-E-2 & 60-SC-2). The short range 60 min cycles have the 6 60 min Bear Cycle between cycle points. So at the 60 min level, the Bulls have the leverage.

[2H2]

Last time you chimed a commentary like this the market dropped 12% rather quickly. Good luck

[Emptyhead]

Have to say Northam, this market has shown tremendous resilience in the face of a December Tears for Fears. I certainly wouldn't want to bet against you.