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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: Tweets Boar Hog10/24/2023 11:37:39 AM
2 Recommendations

Recommended By
The Ox
toccodolce

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There is a thot that you cannot have a bull market without financials.

'Looking' for the BKX to break that nasty channel it has been in and start a 3 of III up. If correct on this, a lot of 'stuff' will be in sync, and you would not want to over trade yourself.

My current thot anyway.

Tweets

BKX LT. Not as many years in this index as some, so a bit of surmising. The count is shown. If you are a Hickson type cycle analyst you will note that time wise we are closing in on 4 yrs from the last big low, i.e. approaching that 4.5 yr cycle bottom to bottom analysis. So if a bottom here Hickson would just say it bottomed a bit early, no big deal. Perhaps a wee bit of divergence on the weekly Rsi.

And if my labeling is correct this current 5th wave will be short, because the 3rd cannot be the shortest.


If you are Tweets you are noting that we have arrived at near perfect time symmetry, from the bottom of the last big low to the B top, awa from the top to an bottom here, assuming it happens. So watching for a bottom. Cycle loops are 18 mos and twenty wk cycles.

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