My next daily cycle is within August 1st-7th.The moves are related to several things and the most influential imo is due to the dwindling of the certificates, now and again belo 1 million.
The market is too volatile so I only try to get in on areas of too oversold or too overbought on RSI4, since I only trade it short term.
If it starts to close below 22600 (september), I think it will resume to trade within a congestion zone unless it closes below 21600, where it my revisit 21100 or less.
In the weekly cycles we have a cycle within June 24th and Agust 5th, so being such a wide window I would not dare to speculate if it would be a high or a low.
Nagual
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