Bad news comes when cycles are going down.
In either case, news always lags the cycle. Then why waste time looking at news/media and remain glued to markets constantly. Time is better spent elsewhere.
Cycles continue to control price dynamics in financial markets keeping us and our subscribers on the right side of the market whether it is up or down. The primary bounce was over a few days earlier as publicly noted at this post. The secondary bounce supported by S&P hourly cycle and VIX short-term daily cycle was over yesterday. The following timely cycle note was sent to our subscribers yesterday alerting about it.
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| S&P Daily Update - 08/22/2019 |