The Master Cycle predicted the markets to be “in a channel for 26 TD"
26 TD (Trading Days) projected a 11/18H. We gapped to higher Highs in the 1st minute of the opening of 11/19H.
With this The “Stuck Up” Blow off rally phase it is allowed to stretch a day or two, but any rally to higher Highs beyond 11/21 means the Master Cycle is too far stretched or incorrect.
As all trends are Up and bullish momentum is strong, we need to wait for a reversal lower to confirm any initial Highs to be in.
Further confirmation that a major High is in is also needed with a solid decline and close below that 26 TD up channel.
26 TD (Trading Days) projected a 11/18H. We gapped to higher Highs in the 1st minute of the opening of 11/19H.
With this The “Stuck Up” Blow off rally phase it is allowed to stretch a day or two, but any rally to higher Highs beyond 11/21 means the Master Cycle is too far stretched or incorrect.
As all trends are Up and bullish momentum is strong, we need to wait for a reversal lower to confirm any initial Highs to be in.
Further confirmation that a major High is in is also needed with a solid decline and close below that 26 TD up channel.
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