Cycle Analysis: Jan 22-29 2020 Major High
|There is a dominant, simple and elagant chart pattern since 12/26/18L, when this current Bull market began, notice there is an important CIT (Change in Trend), often swing Highs at 32 TD (Trading Days) and or 38 TD from the last major Lows.
1/22/20H was 33 TD from the last swing Low. If 1/22H is not the High, then 1/29+/-1 will be the major High.
The current rally has been relentless and many cycle analysts have joined the Top Picker's Anonymous groups. The current pattern of the markets topping out at 32-33 TD and or 38 TD has been highly reliable and has been in the markets since the 12/26/18 major Low.
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