This is just a quick and brief update to remind you of our last major articles
"Surfing the Wave" and
"Cycles turn positive in Netflix"
Both projections worked as predicted.
Now, we are now entering the next turning window of short-term global daily market cycles. The projected window for the next turn has been announced for "June." The current upward movement is entering a phase where the daily cycle will weaken until early July.
Due to the strong long-term downward cycle, further upward movements will be limited or will not be seen at all.
Watch the technical situation closely as the daily cycles may return to negative phase to re-synchronize with the long-term cycles.
In terms of NFLX opportunity, NFLX has made +10% so far since the time of the article. Secure profits.
A longer update with more details and outlook will follow later this weekend.
Have a nice weekend!
Ellipses lining up on the daily SP500 chart... https://imgur.com/gallery/D03slZr
I've been studying ellipses for some time. I first got the idea from the material by George Bayer, then from Bradley Cowan in his Stock Market Geometry course. When you mentioned how the trend can change at the mid point of the sine wave slope I remembered that counter trend ellipses often form at these mid points. How I understand it is...
The center of the ellipse is the highest point of energy, just like the center of an atom(nucleus) and the center of solar systems(Sun). This high energy point coincides with either...
1) The beginning of an accelerated move in the same direction as the primary ellipse or...
2) It becomes the high energy mid point of a secondary shorter term ellipse that forms in the OPPOSITE direction of the primary ellipse or...
3) A change in trend.
I've found that the high energy point of the secondary - temporary reversal - ellipse always coincides (in time) with the high energy point of the primary ellipse, as shown by the dashed center lines on the charts.
Anyway, as I said, the high energy point frequently occurs at the mid point - ie,, the middle of the slope - of sine waves. This is thought to be because the secondary ellipse is influenced by its interaction with the high energy point of the primary ellipse, and vice versa. This interaction sometimes produces shorter duration COUNTER TREND moves, which would explain why cycles sometimes 'fail' at these mid points.
See chart images here... https://imgur.com/gallery/cZWi6nL