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RE: S&P 500 Daily Update: An Alternate Count to be Aware of.

in #money6 years ago

Thanx for the update/alternate count!! We are truly at a crossroads with SPY/SPX. I was just thinking your bullish count looks good. We shall see.705SPYYour new TVC.jpg

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If you refer to the cycles chart I had posted a few days ago, it shows that the 10 week, 20 week and the 9 month cycles are pulling price upwards and these cycles are gaining momentum.

I'm new to cycles, I'm only using the free version of tradeview but I like the idea behind cycles, never seen them used before.