Jun 9, 2022 • 4M
Unhealthy Markets: probable failed 20 day cycle $SPY $QQQ
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.
After what just happened in equities I am losing my bullishness. I can't believe that the market can't rally to go to the 40 day peak from here. It might be that they tried to rally individual stocks from here but I doubt it. It's probably going to the next 10 day cycle below this current failed 20 day cycle