THE RELEVANCE OF 7(0)
Based on my own research, it seems that the S&P500 is trending based on an internal cycle of 7(0) calendar days.
My research shows that over the past 17 years, the 7, 21, 35, 70, 140 and 280 day cycle are more likely to signal a change in trend, significantly more compared to all other cycles.
For the month of June, my cyclical model warned for a change in trend during the 2nd and 3rd week of June. So far, the US markets have formed Lower Highs and Lower Lows since this cycle window.
If you want to know what dates to focus on for the month of July and a sneak peak into August, then click on the link below and download the July Report for free.