A word on Cycle Summation
This time I look at the shorter daily cycle and the longer intermediate stock cycle
Cycle Summation – the effective signals are flashed when the daily and the weekly cycles peak and trough together – in the example of the TSX Composite - the weekly cycle is still youthful and the daily is over extended
Weekly and daily peaks signal corrections - and weekly and daily troughs signal rallies
This week’s correction could be a buying opportunity
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