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Editor of Market Twists & Turns — delivering unmatched stock, crypto, commodities, and forex analysis using a unique blend of Cycles, Cycle Price Projections, Elliott Wave Theory, plus technical & sentiment tools. With 30 years in financial markets, I help you anticipate turns, ride waves, and stay ahead of the crowd. Subscribe for real-time analysis and insights. Not a financial advisor.
NDX - Short Cycles
· Short cycles have been very helpful in the confusing market over the last 3-4 months.
· They work well in sideways, range markets, but could be largely ignored in trending markets when multiple long cycles are pointing in the same direction.
· Hurst nominal 10D, 20D, and 40D, 8td, 16td, and 29td cycles in NDX were exceptionally helpful.
· They are expected to peak early in the week; always allow some +/- tolerance around projected peaks/troughs.
· Overall, these three cycles suggest a choppy downside bias into early October.