19th cycle on the spy

• Spy drops on the 19th of each month
  
• Drops start 4-11, followed by a bump, and a major follow-up drop
  
• there are exceptions where there is no follow-up (2 in the past 9 months)
  
• these dates (11th of the month) still display a substantial drop.
  
• each drop is followed by an ATH. with the same 2 exceptions
  

Need:

Identify cause of 19th drops
Identify exceptions

Comment:

Note: prior to May 2021, this pattern is irregular and occurs 1-1.5 weeks earlier, albeit on the same cycle.

Comment:

Quick update, after the fake-out, we returned to 438 levels, while I anticipate and trust in the 19th thesis for a drop, the overall risk to wait for a bottom is not acceptable.

Notes:
- January Fell to the 42x range.
- So did October, Not November or December.

My thesis is now switched to collecting calls, while it bottoms out, and riding into 443c for March.