The Inverted And 282 TD Cycle Suggests A 2/12 Swing High

The markets rallied into an 11 year Long term channel resistance, since 3/06/09L, at the 3380 SPX area at the 2/12/20H, combined with the active inverted and the dominant 282 TD cycle.

There is an active Inverted cycle that has been in the markets for some time and recently called the 12/03/19L, 12/13/19H, 12/31/19L, 1/22/20H and is now suggesting a 2/13/20+/-3 major High.

(Click on image to enlarge)

This is supported by a dominant 282 TD (Trading Days) fixed cycle that has been in the markets for 13 years now, since the October 11, 2007 major High.

282 TD Cycle10/11/07H-282-11/21/08L-284-1/11/10H-279-2/18/11H-281-4/2/12H-285-5/22/13H-281- 7/3/14H-284 -8/18/15H-282 TD- 9/29/16H-284-11/15/17L-282-12/26/18L-282- 2/12/2020+/-3.

Conclusion: The markets rallied into an 11 year Long term channel resistance, since 3/06/09L, at the 3380 SPX area at the 2/12/20H, combined with the active inverted and the dominant 282 TD cycle. Price, Time and Cycles converged and we may be looking at a major High in this time frame.

STOCKS IN THIS ARTICLE

Comments