Dow Jones COR low came in as expected 20 March. Next COR high not due until 12 - 14 April.
However, in the meantime the shorter, faster lunar cycle has its own pivots; a high on 24 March and next low is due 31 March +- 2 days orb. See orange trendline for lunar high, and vertical green line for the next expected lunar low.
This is an important teaching point regarding different cycles. Just because the low pivot for COR is in doesn't mean the price will stay above that low. During the time until the next COR high pivot the shorter lunar cycle can pivot lower, as we have seen today.
Message me to learn more.
However, in the meantime the shorter, faster lunar cycle has its own pivots; a high on 24 March and next low is due 31 March +- 2 days orb. See orange trendline for lunar high, and vertical green line for the next expected lunar low.
This is an important teaching point regarding different cycles. Just because the low pivot for COR is in doesn't mean the price will stay above that low. During the time until the next COR high pivot the shorter lunar cycle can pivot lower, as we have seen today.
Message me to learn more.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.