Stock Uptrend Focused on late-Jan./early-Feb; Early-Dec. Lows Concur.
12/28/19 Weekly Re-Lay: “Stock Indices remain in overall uptrends, having rallied throughout December after experiencing quick, sharp pullbacks in the opening days of the month.
The interesting aspect of the early-Dec. low – the latest in a series of intermediate lows at ~2-month intervals – is that it arrived at the same time longer-term cycles were projecting a multi-month bottom in the Chinese equity indexes.
Those early-Dec. lows perpetuated a ~2-month (60-degree) cycle during which sharp declines took hold in early-June, early-Aug. & early-Oct. – each time unfolding during the first 2 – 3 trading days of the new month and bottoming just as quickly (without ever turning their intra-month trends down).
Early-Feb. ’20 is the next phase and has corresponding cycles – including the 2-Year Cycle – portending [reserved for subscribers]… They could, however, repeat last month’s pattern and see a quick sell-off into/during the opening days of January.”
Stock indexes possess an uncanny convergence of weekly, monthly & multi-year cycles focused on late-Jan./early-Feb. ’20 – when an uncanny 2-Year Cycle will join the 40-Year Cycle (as well as the 8-Month & 16-Month Cycles). A quick sell-off into early-Jan. ’20 would corroborate that scenario. There are some intriguing possibilities for the weeks that precede that convergence… and the weeks that follow it.
What Would late-Jan./early-Feb. Action Reveal About 2020?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.