WhenToTrade

S&P500 Dominant Cycle Topping Now

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
Cyclic Tuned RSI based on the current cycle length of ~170days in the S&P500 index show current topping process forming again
Lars von Thienen

Cycle Analysis Tools
https://www.whentotrade.com

TradingView Cycle Knowledge Docs
https://docs.cycle.tools/books/tradingview-cycle-analysis-indicator

Comments

Very interesting, how far down do you believe we will go this time?
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WhenToTrade NordicTrader93
@NordicTrader93, the cycles analysis is not helping deriving price projections, just projecting important areas in time. As we are still in an intact uptrend, downside/short potential might be limited. But next upswing cycle might be a good place to position for the next upswing. Right now, cycles suggest a very risky market condition as dominant cycle moved now to the downside for the time to come.
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