Sigma-L - Market Cycles

Sigma-L - Market Cycles

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Sigma-L - Market Cycles
Sigma-L - Market Cycles
Copper (HG) - 13th May 2024 | @ 77 Days
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Metals

Copper (HG) - 13th May 2024 | @ 77 Days

'A' class signal detected in High Grade Copper (HG). Running at an average wavelength of 77 days over 12 iterations since November 2021. Currently peaking

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David F
May 13, 2024
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Sigma-L - Market Cycles
Sigma-L - Market Cycles
Copper (HG) - 13th May 2024 | @ 77 Days
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ΣL Cycle Summary

This superb signal, familiar to long term subscribers of Sigma-L was slightly tricky to phase at the last trough iteration due to the overwhelming bullish power of the component around 278, which troughed in February. Now we approach the latest peak of this shorter wave, according to the current wavelength. This component is exceptionally stationary over our sample of 12 iterations, shown clearly in the time frequency plots below as an obvious signal across the bandwidth (100 to 18 days wavelength, in this case).

Time Frequency Analysis

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