|
PureBytes Links
Trading Reference Links
|
Hi.
Base on the Walter Bressert Cycles,
The possible start of a
severe market decline is rapidly forming
from 1/19.
Top Panel.....
[1] Blue (thick) is Cycle 10 it appears
to be the dominate cycle.
[2] Red (thin line) Cycle 5 was
peaking at close 1/18, now it
is sharply lower.
[3] Magenta is Cycle 20, a slower signal
that is now "topping"
The coincidence of "all 3 cycles" topping
together frequently indicates
the market is preparing soon to move in
the opposite of the prior trend.
This is a fairly simple technical tool
that I got for MS when I was using
the 6.52 ver. Now on 7.01 it again
works well in helping to call
trading tops and bottoms.
I got the cycles (free) from http://www.walterbressert.com
I have written, Equis to suggest they make
available in there
next ver. update to include Bressert's
work. It's seems to me
to me much for useful than many of the
"expert assistance" already
shown.
Comments?
Bud Fox
Attachment:
Description: ""
|