ΣL EUR Composite - 20th October 2023 | @ 138 Days

Last trade: + 1.00% | 'B' class signal detected in Sigma-L Euro composite (EUR vs JPY/USD/GBP/AUD/CHF/CAD/NZD/HKD). Average wavelength: 138 days / 15 iterations since June 2018. Currently troughing.

ΣL Cycle Summary

Peaking in early to mid August, the down-leg of this component has likely finished according to current wavelengths. This wave is generally very good, displaying stationarity (see time frequency below) but does display some significant amplitude variance across the pairs listed in this composite. Next peak is due around 25th December 2023.