$SPX So if today was the trading cycle low let’s discuss what that means.
1) Average trading cycle is 30-40 days from low to low
2) We are in a bear market so next low will likely be Lower.
3)The key is now price and time from whence to reload.
4)Faster peak is very bearish! pic.twitter.com/vW37BrXukq— Ed ☯️ Humilitatem (@DowdEdward) December 27, 2018
— David Brady, CFA (@GlobalProTrader) December 26, 2018
Self explanatory
Via @hks55 pic.twitter.com/zUYl4ul3uZ
— OCCUPY WISDOM (@OccupyWisdom) December 27, 2018
The S&P 500 has gone 6 sessions with 0% of its members hitting a 52-week high and more than 10% of them hitting a 52-week low (even yesterday).
Since 1990, that has happened twice before: July 24, 2002 and October 28, 2008. (h/t @DRBCurtis) pic.twitter.com/iWh9JTzc6Q
— SentimenTrader (@sentimentrader) December 27, 2018
CAUSATION OR CORRELATION? pic.twitter.com/YJV7V46iwq
— OCCUPY WISDOM (@OccupyWisdom) December 27, 2018