I have been back to 1982 and the 54 month cycle (1200 trading days) is relatively uniform in its pattern, although running short or long as it wishes. We appear to be in the 3rd 80 week cycle within that 54months. The last 80 week cycle is running long but only to catch up with the 54month which is still operating within its normal remit.
As can be seen on the 80week cycle chart, price is running very long on both the 80week and 100day cycle, leaving very little cyclic structure to hang ones hat on, other than down until the 54 month cycle low comes in. So for now, I am assuming that whilst the 25day trend that I use each day, is downhill, we are moving towards this low over time.
As can be seen on the 80week cycle chart, price is running very long on both the 80week and 100day cycle, leaving very little cyclic structure to hang ones hat on, other than down until the 54 month cycle low comes in. So for now, I am assuming that whilst the 25day trend that I use each day, is downhill, we are moving towards this low over time.
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