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Cycle Trading

Its Getting Late …

So far, stocks have started out lower for the week.

This is week 18 for the intermediate cycle, which places stocks in their timing band for an ICL.

At this point, a weekly swing high could send stocks into their intermediate cycle decline.

It may be wise to start dancing near the door.

One response to “Its Getting Late …”

  1. Alexandru Avatar
    Alexandru

    I think stocks would fall only after Nasdaq Composite prints an all time high too at 16213 — catalyst for the exhaustive leg up may be tomorrow’s report on PCE a bit into March for the top.

    Reply

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