SPX - 3 Dominant Cycles
- I already presented a cycle composite when all "reliable" cycles are included in the cycle composite
- This chart shows the three dominant cycles on the daily chart
- 15W and 24W have already curled down, and 37W cycle will roll over in a few days.
- When all three point in the same direction, we get sharper price movement
- Of course, there are several other shorter and longer cycles that matter but these are most important ones