Nathanael
Short

Time cycles and the SPY

AMEX:SPY   SPDR S&P 500
513 2 5
Interesting observation using the "time cycles" tool. Last 3 time cycles have been the near exact highs and lows of the SPY             . If we bounce down from here, it would be quite the coincidence! I would assume we see near new lows at the bottom of this new channel, but beware - just because its happened the last 3 times, it obviously doesn't mean its a pattern. Just an interesting observation I thought I would share.
omg
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where is the "time cycles" tool?
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