Quarterly OPEX Ahead – Quarterly OPEX Meets Mature Intermediate Cycle – Volatility Risk Ahead

Next Friday is OPEX.  

Here are some points to keep in mind:

Friday’s OPEX will be a quarterly OPEX, so we could see some volatility. 

Stocks are in their timing band for an ICL 

There are typically 2 – 4 daily cycles per intermediate cycle.

Stocks are on their 4th daily cycle.

We will need to watch for the possibility of the current daily cycle left translating.

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