Walter Bressert Futures OnLine Using Cycle Trading Patterns to Buy Bottoms & Sell Tops in the Direction of Trend and at Trend Reversals
S&P500 Daily
 

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Monday's dropped below a swing low to form a swing reversal, and Friday took out the previous day's high to form a swing bottom that may be a contracted 20-day trading cycle bottom. Friday was also a setup bar for the 10-bar double stoch and a rise above it would confirm the swing low as the trading cycle bottom.

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