Value and other fundamental investors must concede cycles are in the stock market. [You can learn more about our Hurst Cycle tools here].Previous Post Kitchin Cycle warned of market volatility
In the past this blog has posted the chart below, the Kitchin cycle or 900 periods, and you can see its success.
The cycle source:
.."Joseph Kitchin (1861–1932) was a British businessman and statistician. Analyzing American and English interest rates and other data, Kitchin found evidence for a short business cycle of about 40 months.[1] His publications led to other business cycle theories by later economists such as Nikolai Kondratieff, Simon Kuznets, and Joseph Schumpeter"..
Now to prove this cycle is very important the Dow Jones cycle (880 periods is close to 900 within margin of error) also posted below.
The cycle says the time is to be aware of a down turn. Investors should keep an eye on Wyckoff price patterns for distribution. The massive rally from 2009 may be ending. Watching and waiting.
Original Post: https://ift.tt/2Q3b6Gt
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