17 Week Cycle Observed in the S&P 500

oldfairy

Cobra recommended two articles, here is one.

Is there a 17-week cycle operating in the S&P 500? Adam Hewison shares his insights in a recent video which was very interesting to me, as most traders don’t analyze cycles as easily as they do other technical indicators.

(Clicking on the chart opens the video page)
Entitled “Is there a 17-week Cycle in the S&P 500?” Adam shares his observations on the chart above that the S&P market tends to form a key bottom on average 17 weeks apart - a pattern which has held since the market top in 2007.
He notes that we are roughly in week 12 of the cycle, and hints that we might have some downside ahead of us to mark that low.
Specifically, Adam writes:
“I was just looking at the S&P 500 and I noticed a very pronounced cycle in this market that I want to share with you.
In my vedio I explain exactly what I’ve seen and what I expect will happen to this market if this cycle continues on track.”
Thank you as always to Adam for sharing this video (with permission).  Market Club members receive all videos the moment they are released.
Corey Rosenbloom, CMT

jackyking

nice video. thx.

oldfox

rightonmoney

nice one, thanks