A quick update on the Cycle Bottom Indicator (CBI).
Currently forecasting for a MA cross on the 11th July 2022 (see dash red and green projected lines and vertical golden line).
Would fit in nicely with a final capitulation around that time with current price action.
#NOT FINANCIAL ADVICE - CHARTS ARE FOR HISTORIC RECORD & EDUCATIONAL PURPOSES ONLY
Currently forecasting for a MA cross on the 11th July 2022 (see dash red and green projected lines and vertical golden line).
Would fit in nicely with a final capitulation around that time with current price action.
#NOT FINANCIAL ADVICE - CHARTS ARE FOR HISTORIC RECORD & EDUCATIONAL PURPOSES ONLY
Note
NOTE: Cycle Bottom Indicator CBI has been 'fit' and coded with a 3 day tolerance similar to the Cycle Top Indicator CTI.It is worth noting the current projected cross 11th of July aligns with the weekly close.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.