The Walt Disney Company - 11th October 2023 | @ 201 Days
Last trade: - 5.18% | 'B' class signal detected in The Walt Disney Company (DIS). Running at an average wavelength of 201 days over 10 iterations since May 2018. Currently peaking.
ΣL Cycle Summary
The latest iteration of this prominent periodic component in Disney has produced a tepid, sideways to bearish first half of the cycle. Assuming the phasing is accurate and the component retains power, the second (down leg) of this component into late January 2024 should produce even more downside price action.
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