Yesterday we mentioned: "Short term cycles are still up-trending going into tomorrow"
The following cycle chart was sent to clients alerting to expect a cycle high at 2019-03-01 closing hour of 6:00 AM PST (i.e, 6:00 - 6:59 AM PST which is 9:00 - 9:59 AM EST). Look what S&P did today in the next chart. It made a price high precisely at the expected time window holding onto gains till 6:59 AM PST or 9:59 AM EST and reversed from there. This cycle brought a gain from 2775 to 2808 (or 33 points) terminating right at the anticipated time by our cycle model. If you are interested to subscribe to our cycle charts made available ahead of time early in the week then please feel free to reach out to us using the contact form in the left panel.
S&P Hourly Cycle Chart |
S&P Actual Trade Result |