Jun 13, 2022 • 6M

$SPY Sectors collapse on good volume

1545 CST

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Appears in this episode

Derek William Frazier
At the end of every trading day I focus on the type of day that developed and how cycles apply to the trading that was done. I also look ahead and see how the market is transforming as I make hypotheses on cyclical activity. I then look forward to the next trading day and week using sector analysis.
Episode details

Today was a rout after losing the previous 20 day cycle low on $SPY.

Very curious close, as failure of the 5 hour cycle low was happening at around 1415 CST

Today was a failure for the 5 hour cycle to complete and rally at 1330 CST

On the chart it came up to the trendline dropped down through support around 1345 CST and then made a last attempt to allow l…

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