June 13, 2022

MarketMap™-2022 Planner #14

MarketMap™-2022 Planner from Issue#1 through to date builds a body of knowledge and a point of view that will enable you to protect your capital and make the most with your tradable cash. 

Just like an oscillator has to remain overbought for an uptrend to exist and oversold for a downtrend to persist, cycles act in the same manner. Focusing on the current bear trend that began for the NASDAQ at ATH 11/19/21 and DOW & Co on 1/4/22 it is easy to see the cycles in the chart shared in our LinkedIn group, seen here.

I will let you go back and cross-check the change dates from Issue#1 forward. One fixed rule in cycle formulas is that if there is one inversion – where a low cycle pivot did not produce a recovery – there has to be another inversion to get the cycle back in gear with itself. On this featured chart, I labeled inversions “Inv.”  The numbered count “one” through “six” is a nominal EWT count, putting the decline in wave seven down or the heart of the bearish trend.

So going into the COT date around 4/1/22 the cycle is back in gear with the most recent COT a high pivot on 6/2/22. Since that high, the downtrend has reasserted itself. I hear from a number of members that are aware of the tidal cycle, which is associated with the new and full moons, which is true with a number of nuances. Nevertheless, that lunar cycle of 27.7 to 29.5 days, is one of several cycles at play. So, you have simply two weeks up into a high pivot followed by two weeks lower into a low pivot.

However, MarketMap™ has several methods for determining pivotal dates and they are all different, based on various methodologies.  The next featured chart is the annual scenario map that is right in line with the market thus far.

This work by Jack Cahn is licensed under a Creative Commons Attribution-NonCommercial 4.0 International