S&P 500, Things Happen In Threes

Traders trade the big swings, by using the half cycle for timing. However as in life, things happen in three's.

Readtheticker.com has a hard rule. Never, ever pick a top. However this does not mean you can not expect a consolidation period (distribution) that in all possibility may lead to a market top (it is in the fine print, call the lawyers HA!).

Beware of the Kitchin Cycle peak on a three count, especially as the peaks are a neat 7 years span. Spooky. Get the feeling that if stocks roll over in 2014 (any time between March and Oct) hard metals like gold will find new strength.  

There are two cycle formats in the chart, a FIXED (Kitchin) and a ADAPTIVE (RTTHurstDPO). The adaptive cycle takes into account the ability of price to conform to the cycle, the more it does the more the cycle looks like an attractive swing.

Please survive 2014. All the TV Money managers are using words like choppy or volatile for expectations of 2014, when they should be using words like: loss making, financial destruction and bad!

We at readtheticker.com hold the view that a mix of stock chart technical analysis, Richard Wyckoff, William Gann and Jim Hurst methods plus market fundamentals allows the investor to formulate a ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments