Sigma-L - Market Cycles

Sigma-L - Market Cycles

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Sigma-L - Market Cycles
Sigma-L - Market Cycles
ΣL Japanese Yen Composite - 30th November 2023 | @ 77 Days | + 0.11%
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ΣL Japanese Yen Composite - 30th November 2023 | @ 77 Days | + 0.11%

Last trade: + 0.11% | 'C' class signal: Sigma-L Japanese Yen Composite (GBP/EUR/CAD/AUD/USD vs JPY). Average wavelength of 76 days over 14 iterations since January 2021. Currently peaking.

David F's avatar
David F
Nov 30, 2023
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Sigma-L - Market Cycles
Sigma-L - Market Cycles
ΣL Japanese Yen Composite - 30th November 2023 | @ 77 Days | + 0.11%
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ΣL Cycle Summary

This component is peaking after showing signs of a little more amplitude in the up leg and justifying it’s inclusion after what is, in recent times, evidence of a heavily attenuated wave. In previous periods where the underlying trend was flatter (for example mid 2022 to early 2023) this component was a tremendous signal and this will likely be the case again. One of the first steps in that is the move to the next trough, due late December to early January, at current wavelengths and frequency modulation.


Trade Update

See also: Live ΣL Portfolio & History

Summary of the most recent trade enacted with this signal and according to the time prediction detailed in the previous post for this instrument, linked below.

Type: Late Buy - ΣL Japanese Yen Composite 31st October 2023
Entry: 31st October, 2023
Exit: 30th November, 2023

For a composite analysis, each constituent’s respective gain over the period is displayed, in descending order. The average of the constituent gain is also shown.

Constituent Gain:
GBPJPY (1.57%)
AUDJPY (1.47%)
EURJPY (0.84%)
CADJPY (-0.74%)
USDJPY (-2.59%)

Composite Average Gain:
0.11%


Current Signal Status

Defining characteristics of the component detected over the sample period.

Detected Signal Class: C - learn more
Average Wavelength: 75.98 Days
Completed Iterations: 14

Time Frequency Analysis

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