The following charts were sent to the paid members yesterday. Trend direction, Trend change are all well identified with my unique Timing Cycle. Most importantly, we still can make decent profits along the way irrespective of Long or Short based on the Short term Cycle.
Cycle Timing is very useful to determine/forecast the turning point and if done correctly, it is very accurate. But there is a limitation because sometimes it is hard to tell whether it is a Cycle high or Cycle low till the time draws nearer. So, I suggest you to try my newsletter and see how accurate is my forecast.
We pointed out that the S&P 500 was pulling back. So far it has proven to be right, but the advance decline line is acting stronger. This is usually a bullish sign. Hope that we (aggressive trader) can get in from LONG 2020-2030 by the mid-February (trend change from short term Cycle low). Conservative trader can wait to get in around 2000 or lower.
I use McClellan Oscillator and many other indicators (all not shown here) too to determine the trend direction and readings above “0” suggest the market is in an uptrend and today’s close +10.54.