The SP500 psycho market has continued to be crazy. Stocks are very correlated
to the EURUSD currency. There are still dominant cycles that require watching
within the SP500 and nimble OEX options traders could easily buy a new house
with these cycle turns.
The SP500 normally has cycles periods: 13, 21, 36, 80
Over time and changes in conditions each cycle has its hay day. We use the
CycleOnCycle display to monitor changes if behavior.
We are financial market enthusiasts using methods expressed by the Gann, Hurst
and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides
online stock and index charts with commentary. We are not brokers, bankers,
financial planners, hedge fund traders or investment advisors, we are private
investors.
LEGAL DISCLAIMER: The material is presented for educational purposes
only and may contain errors or omissions and are subject to change without
notice. Readtheticker.com (or 'RTT') members and or associates are NOT responsible
for any actions you may take on any comments, advice,annotations or advertisement
presented in this content. This material is not presented to be a recommendation
to buy or sell any financial instrument (including but not limited to stocks,
forex, options, bonds or futures, on any exchange in the world) or as 'investment
advice'. Readtheticker.com members may have a position in any company or security
mentioned herein.