If NASDAQ breaks 11750
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Derek Frazier shares and explains his ideas and process of decision making behind cyclitecnical trading. Please like and comment.
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… A probable new trading cycle starting on Nasdaq.
And any moves down will be pullback longs, as the new cycle starts.
UPDATE CLOSE OF TUESDAY DEC 13th:
since the call for a new trading cycle above 750 was made on Sunday night, there has been a large increase in price, suggesting an 80 day cycle has started.
Good luck,
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Derek
If NASDAQ breaks 11750
update 1405 CST Monday: its starting to move above 750. Confirming a new trading cycle on NASDAQ