Tuesday, August 24, 2021

The Master Cycle (MC) and longer term charts

The MC (Master Cycle) from the 8/11-13H, projected the decline into 8/19L+/-0 and its subsequent rally. The long term monthly SPX suggests limited upside.

The weekly SPX is in a long term rising wedge.


The Daily SPX closed right at rising wedge Trendline resistance, since March- April 2021.


Bitcoin retraced 61% so far and closed right at long term TL resistance. It has Geo Time CITs at 8/25. Let us watch the major triple time Cluster on 9/9-10***

What's next: The MC projected the recent 8/19L and the current rally into the next cycle High.

No comments: