The Traderszone Network

Published in TZ Latest News 15 July, 2016 by The TZ Newswire Staff

Long-Term Cycle Chart Suggests Higher Prices

Let me first profess that I am not an avid follower of cycle charts. They generally take too much tinkering for my taste as they never quite fit over the long haul. However, as I was flipping through some of my longer-term charts, I ran into a chart I created last year. I was determining visually whether the very long-term bull and bear market cycles were telling us anything regarding that first large correction of the year. My sense was that we were extraordinarily vulnerable to a deep correction/bear market and the cycles were lining up.

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