Still Waiting - Cycle Window 1/24 thru 2/7
Watching and waiting.
Very strong January effect and 20 year cycle rallied stocks out of my projected wave retracement scenario. Not chasing this rally though until the 1/24 to (what could be 2/7) window ends.
Hope to get 100% long on any dips as the SPX looks like it wants to rally above 1400 near term.
Very strong January effect and 20 year cycle rallied stocks out of my projected wave retracement scenario. Not chasing this rally though until the 1/24 to (what could be 2/7) window ends.
Hope to get 100% long on any dips as the SPX looks like it wants to rally above 1400 near term.
posted by chartblog at
9:25 PM
8 Comments:
Nice setup for a local high into the window framed by a new moon and FOMC. A brief gap backfilling correction down into the window framed by NFP, a full moon and a Gann date, maybe 1257 on SPX.
Dave,
"the 1/24 to (what could be 2/7) window ends." What does it mean here? Dp You expect market up or down in this time window? Thanks
The market is started to go down before 4th February i guess.
Hey Dave we miss your updates, lets post something, you must some thoughts?
Mac
Great setup with ending 5th wave, Gann date and moon cycle to set shorts 2/7-2/8 after high probability follow through buying on 2/6.
Any thoughts here Dave? Nice setup to sell into highs for a move down into cycle lows in cusp of Feb/Mar?
I believe the market should have healhty correction starting on 2/7-2/8. What is the next? Dave, where are you? I miss your updates.
A tradable swing down appears underway, with this week's highs to be confirmed on 2/14. The next Gann date, Bradley date and moon cycle take us to the last week of Feb, around the time of the next LTRO. Any thoughts?
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