Courtesy of Jeffrey Young's Public Charts |
The following is Courtesy of MarketInOut.com
4 Year Cycle (Kitchin Wave). In 1923, Joseph Kitchin found that a 40 month cycle existed in a variety of financial items in both Great Britain and the United States between 1890 and 1922. The four-year cycle was later found to have an extremely strong presence in the stock market between 1868 and 1945.
Although it is called a "four-year cycle," the cycle length has been found to vary between 40 and 53 months.
The Kitchin 4 year cycle confirms exactly what Jeffrey Young displays in his chart above.
Also JustSignals intermediate term cycles has been suggesting a correction low sometime in the 2Q/3Q of 2016.
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This has been posted for Educational Purposes Only. Do your own work and consult with Professionals before making any investment decisions.
Past performance is not indicative of future results
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