ΣL US Stock Market Composite - 7th February 2024 | @ 252 Days
'B' class signal in Sigma-L US stock market composite (Russell 2000, Dow Jones Industrial Average, S&P 500). Average wavelength of 252 days over 13 iterations since April 2015. Currently peaking.
ΣL Cycle Summary
A new addition to Sigma-L, this is the main periodic driver of price in the medium to long term within US stock markets. This feature is also present in other global indices, including the NASDAQ to a greater or lesser degree. Demonstrating sublime stationarity during the period 2016-2020, it was subsequently suppressed within the larger…