This type of cyclical analysis reveals the MARKET-ANGLE in a potential rally to the upside; the angle is derived from the bottom Major Cycle Channel.
The steeper the angle the greater the tendency for a market to rally/decline rapidly.
Major Cycle Channel derived from bottom in Green
Parallels in Blue
The steeper the angle the greater the tendency for a market to rally/decline rapidly.
Major Cycle Channel derived from bottom in Green
Parallels in Blue
