OnLine Cycle Analyst's Seminar - TimeBands- 9

Viewing Instructions:
Click on the Real Media Audio link below to begin; click Next to go to next chart. Before clicking on the audio link, allow the chart to fully load. If the charts do not download completely, right mouse click and choose "refresh".

S&P500 DAILY
The 20-day trading cycle bottomed in mid-November was followed by a trading cycle top that occurred within the green trough-to-crest timing band. This was also the top of the 10-week cycle, so the top of the second daily half-cycle was below the first as expected in left translation. The daily trading cycle bottomed within the red trough-to-trough timing band with a divergent oscillator buy signal. Prices should not drop below the lower trendline until after the second 10-week cycle tops.