Thursday, January 23, 2020

Jan 22-29 Major High

There is a dominant, simple and elegant chart pattern since 12/26/18L, when this current Bull market began, notice there is an important CIT (Change in Trend), often swing Highs, at 32 TD (Trading Days) and or 38 TD from the last major Lows. 





1/22/20H was 33 TD from the last swing Low. If 1/22H is not the High, then 1/29+/-1 will be the major High.

The current pattern of the markets topping out at 32-33 TD and or 38 TD has been highly reliable and has been the pattern since the 12/26/18 major Lows.






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