CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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From: skinowski	5/2/2025 7:44:33 AM
	of 41419

OK, now lets consolidate for a bit - and then break out, taking out a couple of important levels $SPX - In addition to the 66 trading day cycle which is 1 day late, there's a 48-51 TD cycle high that is due in this timeframe. Today was day 50 from the February high. Despite closing above the 50 day MA it's a red candle which indicates that tomorrow is likely to be a down day pic.twitter.com/SsaM2c11Jk — CyclesFan (@CyclesFan) May 1, 2025 At the end of a decline, it’s a Hammer. The implications are opposite from an Hanging Man. Amazing how many wannabe gurus are not interested in basics. $NDX - The April candle is a green hammer. We had similar candles in August 2024 and October 2014 but this was the biggest hammer since October 1998. There are plenty of smart asses on X who claim it's a "hanging man", not a hammer. I guess October 1998 was a hanging man. LOL. pic.twitter.com/G8alB8PXl5 — CyclesFan (@CyclesFan) May 1, 2025

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