FX:SPX500   S&P 500 index of US listed shares
spy
54 0 1
spy
As drawn on chart The pink boxed periods are around 14 weeks. The price in this time over laps many times which would create a more challenging period of trading. At the end of the 13 weeks we get a signal from that last period weeks trading up or down bar. This has been followed by 4 weeks of price action which is a trend or swing giving better trading conditions. The reason for this cycle may coincide with options expirees or something of that nature. My trade setup here is to enter with aim to scalp 2.5% from the move. So I will update in 2weeks with the trade setup.
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