Market Breadth Data******************************

Saturday, February 11, 2023

SPX Cycles

 The interaction between daily and weekly cycles in the SPX can best be illustrated with the following charts:









The advantages of using market breadth as basis for market cycles are simplicity and objectivity. For all practical purposes, one has to consider two cycles only: daily and weekly. And there is no guess work as to the beginning and end of cycles, and their amplitude.

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