ΣL WisdomTree Agriculture Composite - 17th November 2023 | @ 164 Days | + 1.10%

Last trade: + 1.10% | 'C' class signal detected in Sigma-L WisdomTree agriculture composite (AGAP / AIGA). Average wavelength of 164 days over 10 iterations since October 2019. Currently troughing.

---

ΣL Cycle Summary

Essentially this cycle, likely completed recently with a candidate for the low in place, has gone sideways. Part of a wider consolidation pattern for over a year, it will be interesting to see whether we get a return of some power in the next uptrend of this wave, due to peak toward the end of January 2024.

---

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: Sell - ΣL WisdomTree Agriculture Composite 29th August 2023
Entry: 29th August, 2023
Exit: 17th 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:
AIGA (2.10%)
AGAP (0.09%)

Composite Average Gain:
1.10%

---

Current Signal Status

Defining characteristics of the component detected over the sample period.

Detected Signal Class: C - learn more
Average Wavelength: 164.27 Days
Completed Iterations: 10

Time Frequency Analysis