I went long $MSFT
The 10 day cycle after the 20 day cycle is running on schedule and compression means a breakout is forming
The recent movement is just a compressive effect of waiting for the new year to come in I think, on MSFT 0.00%↑
The trough low in December is probably the 80 day cycle low, with the recent down moves being the formation of the 20 day cycle trough.
It could be either a C category interaction or an A category
I think today’s move lower is just the 10 day cycle low and will honor the 20 day cycle low made last week, thus it wont break the previous weekly low, here into the New year.
Its a small stop with a potential target that will create both a stop run and FOMO as Microsoft reaches new highs again.
If Im wrong, the stop is below the weekly low.
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