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Cycle Trading: Timing Band

Discussion in 'Technical Analysis' started by FXStreet_Team, Mar 23, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Stocks printed a higher high on Tuesday. Tuesday was day 27 for the daily equity cycle. Stocks are now 3 days shy of their timing band to seek out a daily cycle low. Therefore we need to be alert to a swing high that is accompanied with a trend line break, because that will likely lead to a decline into a daily cycle low. A peak on day 27, or thereafter, assures us of a right translated daily cycle formation. Therefore our cyclical expectation is to see this daily cycle print a higher low.

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