Replies to post #38885 on CHARTS_CCI_SYSTEM

[northam43]

It's been going down, it dropped to 3491.58, Oct 2022, that was a 27.54% drop from the Jan 2022 high of 4818.62, it has now gained back 23.13%.

Since the Jan 2022 high there have been 6 Weekly Bear Cycles & 2 Monthly Bear Cycles & a Quarterly Bear Cycle.

So far this year there has been 58 60 min Bear Cycles, 13 Daily Bear Cycles, 3 Weekly Bear Cycles, 2 Monthly Bear Cycle & 1 Quarterly Bear Cycle.

Last year the Bear 60 min cycles averaged 112 points and the Bull cycles averaged 104 points, this year the Bull cycles are averaging 68 points and the Bear cycles are average 60 points. For all years the Bulls are only gaining 2 points a cycle over the Bears.