In this analysis, there are two cycles of decline. And now we are in the cycle increases. Spx trend is bullish. And is not yet completed. We are waiting for the return and rise to 2300
Comments
IvanLabrie
⋅
Why?
Trying to fit fixed cycles on things...I don't think it will work.
Nick_C_
⋅
this..
Crit_Nasty
⋅
Nick_C_
⋅
your prediction
ManuelRodriguez
⋅
the charts look great, cool art :_)
NewtTrader
⋅
How are the circles created? What indicator is used to create the cycle?
dionvuletich
⋅
awesome these are the perfect 3d glasses I need to read your charts..! Lovin' it
Trilo
⋅
Bagels!
FullTimeTrader
⋅
Agree 100%
ChartArt
⋅
It can happen, I had also found out about this possibility this week. To my surprise there is a way to come to this conclusion using very very long (decades long) periods on the RSI indicator. I just don't believe in it, because long periods are lagging so much and show even more of the past.
Trying to fit fixed cycles on things...I don't think it will work.