This is time cycle analysis for those who wish to know. The charts shown are past historical data. The future repeats the past with regards to time though in an imperfect manner. If it was perfectly accurate, I would be the most wealthy person on earth.
Trump said the China trade talks were going well, and there was a good chance of a deal. However, at the time he said that, underlings were doing the trade talking, not the big boys. The big boy talks don't start until later this month. Why did Trump say there is a good chance of a deal, when the serious trade talks haven't even started yet? He only wanted to pump the stock market. There will be no trade deal as long as Trump is president. China will just wait until he is either impeached and removed from office, or fails to get reelected.
I've always liked reading your posts, and I dislike trump but I think you dropped the ball on this. I highly doubt Trump will get impeached and he has such a following that will be hard to shake, meaning he will most likely be re-elected. For example, I never liked Trump but i whole-fully enjoyed watching him during debates. His off the wall remarks were either funny or amusing and similar to early days of Howard Stern, you listened to him because you never knew what this guy will say next. PS, I'm Canadian and can't vote - so I feel the least unbiased towards elections.
You ever hear of a guy named Stan Ehrilich ??? He was also big into time cycles, he used to be a big thing 25-30 years ago. I used to talk to him 25-30 years ago and he got me very interested into trading then. After reading your posts I'm now getting flashbacks of those days, lol.
Full disclosure of how I do this in this thread. https://www.elitetrader.com/et/threads/stock-market-up-move-for-december-2019.336552/
I've been listening to Stern since the mid 1980s. At least Stern evolved into a serious interviewer, and matured as the world matured. That is why Sirius Radio started him off with a 5 year contract for 100 million per year. When he renewed that contract, it was for 200 million per year. Not to mention all the stock he got, plus whatever else. Trump hasn't secured deals like that.
I am moving all my posting to this thread in the journal section. This thread explains everything I know about cycle analysis. https://www.elitetrader.com/et/threads/stock-market-up-move-for-december-2019.336552/