This take off on Terry Laundry's "Ringing Cycle" theory is a 1/2 cycle of the 10 month cycle.
The cycle length is based beginning at a major low and measures to the next major low then repeated for "predicting" the next low.
It has had some interesting hits. (October may not be fun for bulls...?)
PS: (The smaller cycle shown for fun is a bit off because of the Stockcharts tool restrictions).
Mike Burk is still positive:
The all time highs for both the OTC & SPX a month ago were confirmed by most of the breadth indicators so new higher highs for the blue chip indices are likely.
Edited by Rogerdodger, 04 June 2019 - 09:51 AM.