Weekly Cycle Failure - $TAP
Short note on weekly cycles. There are two weekly cycles we track:
1) Shorter cycle (range 25-35 weeks) - Normal Weekly Cycle
2) Longer cycles (range 45-55 weeks) - Long Weekly Cycle
I really ❤️ the longer cycle. Can you spot how the two shorter weekly cycles make up a 49 week cycle below?
With having two shorter cycles, you can draw a weekly cycle inclining trendline guiding the cycle.
Why do you need to follow both cycles?
Sometimes, you invert at HCL when the cycle fails which catches many cycle analyst off-guard.
Best practice - Always assess if the cycle can invert at HCL.
- Below $F example inverting on week 24, which was timing window for HCL
$TAP - Weekly cycle failure at HCL
HCL failure on week 29 for $TAP - what clues do we have about possible cycle inversion: