The 20 week component has been amongst the most dominant in the last 12 months. As stock markets approach the next peak of this wave, we will see dominance continue?
David, I see 1) the 20w component recently losing amplitude in the last iteration, 2) the 22nd of January peaking cluster having very small amplitude and 3) the expected 20w low that was supposed to happen around these days to be apparently compressed under the pressure of a bigger component pushing from behind. Moreover, 4) we created a higher high after pushing out of the 80day through. I see strong bullish pressure now, till the 40w component peak... Is this interpretation reasonable and consistent with facts and the theory? Thank you. Alessandro
Yes, David really brings high quality content. What I really value is his way of putting together information into a single analysis with a more likely scenario and an outlier that can be tracked along the way.
Great stuff David. It's all coming together nicely thanks to your clear & concise explanations