These strong cycles have consistently created the reversal in the trend of the markets in the past.Furthermore, prices on the SP-500 and Dow Jones have flirting with 50% retracement levels from the 07-09 bear market move.
Do these strong time cycles trigger the price cycles currently facing resistance at current levels and thus a correction? Very likely!For AAPL lovers, see the update below according to my squaring of the price and time cycles of AAPL
AAPL Update:
1 comment:
Fake out indeed....prety light volume I would expect to continue until the large players are back next Monday. Thanks for the update!
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