Greetings Market Cycle Enthusiasts
This episode is a valuable resource for anyone keen on understanding how the alignment of various market cycles can signal significant opportunities.
We explore how dominant cycles are playing a pivotal role in predicting market movements and identifying potential upswings in Oil futures. The episode dissects several key cycles—92, 62, 179, and 40-trading-day cycles—that are either bottoming out or have already reached their lows. This convergence of cycles is rare and signals a potential market upswing.
We delve into the technical conditions favoring this promising scenario. The cyclic Relative Strength Index (RSI) indication points to a potential bottoming, suggesting that now could be an opportune time to enter the market.
Key Takeaways:
Cycle Convergence: The unique alignment of 92, 62, 179, and 40-trading-day cycles presents a compelling opportunity. These cycles are either bottoming out or have already hit their lows, indicating a potential market upswing.
Technical Indicators: The cyclic RSI breaking from below the lower band to the upside supports the notion of a market bottoming. This technical signal, combined with the cycle analysis, reinforces the potential for upward movement.
Visual Video: Detailed charts that illustrate these cycles, helping to visualize and better understand the current market dynamics.
Stay informed and have a nice week!
Warm regards,
Lars von Thienen
PS: You will find the interactive cycles workbook at the bottom of this post.
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Interactive cycles workbook link for further analysis:
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