Timing, Anyone?Carolyn Boroden
This week we were watching the $SPX cash timing cycles for a possible high and reversal back down with the 2/2-2/5 time cycles that were projected in advance.
The actual HIGH was made on 2/1 which is considered to be within the “time window” for a change in trend. Now, even though I feel that this market is currently still vulnerable to the downside, I have no idea if my lower targets are going to be met. I have to base trades on what I KNOW. So what I KNEW is that I had time cycles for a high and I KNOW that I had sell triggers against those cycles. It was worth a trade for sure.
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