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.
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.
Composite Average Gain:
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
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