Time Cycle of Nasdaq
What is time cycle ?
Cycles are derived from the High and Low of the price structure, they are cyclic in nature. It follows the pattern, Changes with time. Cycle analysis should be used in conjunction with other aspects of technical analysis to anticipate turning points.
Fibonacci pullback found to be 0.618 on previous two instances.
It depicts pullback trade, with upside of 13.50% over next 10 weeks.
Cycles are derived from the High and Low of the price structure, they are cyclic in nature. It follows the pattern, Changes with time. Cycle analysis should be used in conjunction with other aspects of technical analysis to anticipate turning points.
Fibonacci pullback found to be 0.618 on previous two instances.
It depicts pullback trade, with upside of 13.50% over next 10 weeks.
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