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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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From: Magnatizer1/8/2023 10:08:18 AM
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Yearly

Last bar in flight

Hard to say if these are relevant, perhaps they need to be log scale. But, FWIW... here's a few yearly CCI55 system charts

DJI from 2000 forward



1981 forward



1953 to 2002

Keep in mind, the highest uptrend on this chart did not form until the signal bar in 2002. From 1989 forward, DJI was pulling away from the uptrend channel formed from the 1953 to 1966 signal bars. This the only relative example I have, will show what happened after the 2002 signal next



1969 to 2009

Signal bars: 1969, 2002, 05, 08
Tline cross bars: 1981, 2007

Currently, no tline crosses pending.



SPX

Signal years: 1930, 37, 69, 73, 2005, 07, 15, 18
Tline cross: 1955

When this system has wiggle signals (happen within a few bars of one another) the resulting trendlines seem to have more relevance. In the case of the SPX, the 05 to 07 connection is a very interesting (see thick red uptrends). The top and bottom of this uptrend channel are at 3978 and 3186 in 2023

2007 to 2015 and 2015 to 18 are all part of the same wiggle.

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