Sunday, December 10, 2023

Swing Highs

From my 11/1 public Post: "Tesla, one of the market generals, has a 206 TD (Trading Day) cycle of Lows due 11/1L+/-1, We saw 10/31L at 194.07"



From my 11/1 private blog: Apple, another market general, also had a 303-304 TD Cycle Low due 11/1L+/-.


From 11/8 Update:  "Tesla is Long term bullish as it sees an average 28-31 TD rally (= 12/11-14H, chart below) from 10/31L"



Actual: Both Tesla and Apple bottomed and made 10/27-31 major Lows and saw a sharp 27 TD rally into 12/8H so far.


There is a reliable 104 TD Tesla cycle of Highs, where the last 7 were all Highs and is next due 12/15H+/-1 Trading Day (TD). Bitcoin also has a cycle due 12/15. This time frame should top the general SPX market for some time as well.



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The contents of this article are for general information and educational
purposes only and should not be construed as an investment advice or
strategy. Past performance is no guarantee of future results. Trading in
Stocks, Options and Futures involve risks. Trade at your own risk.


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