The pattern recognition wiz, Larry Pesavento, would call this 1-3-5 topping chart.
YM
Started by
linrom1
, Jul 11 2024 11:56 AM
3 replies to this topic
#1
linrom1
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Posted 11 July 2024 - 11:56 AM
#2
linrom1
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Posted 12 July 2024 - 01:11 PM
The jokers blew right thru it. So now you know which index to short on next decline.
#3
Douglas
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Posted 12 July 2024 - 02:52 PM
linrom1, not sure what the length of the cycle you show is, but I track a ~36 day one in the DJIA that's done a pretty good job of calling turns which is predicting a top of some degree more or less today, Monday at the latest.
Regards,
Douglas
