In this analysis we are looking at the hourly cycles formed in the market.
This analysis uses the active data from the stock index only, i.e, the active trading hours and exact price levels without the off market activity provided by broker sites.
In this analysis 3 cycles completed with low-to-low magnitudes 357.18, 262.38 and 175.74 units.
The containment perimeter for these 3 cycles was 4680.01 points X 755 trading hours
Using a price scale of (Price/10) : Price range = 468.001 units
468.001 * 1.618 = 757.224 units
Thus the 3 cycles completed within a 1.618 rectangle structure
Also the magnitudes of the cycles were in Geometric decomposition order
First cycle = 357.18 units
357.18 * (3/4) = 267.89 units. approx = middle cycle length
357.18 * (1/2) = 178.59 units. 3rd cycles length was 175.74 units
The middle cycle magnitude also lies exactly at the half point between 1 and 3
(357.18 + 175.74) / 2 = 266.46 units = Mean
The variations are because these cycles are aligned with the Lunar cycles
The 4th cycle is actually the first of another set of cycles which will be contained in another structure.
The current magnitude is a 432 harmonic which completed, however, the projected extreme it can reach is 451 units magnitude
The two scenarios are either a new cycle starts from the 451 units pivot or markets will make a low at 29411.65 level before any correction up.
Trade safe, good luck.
This analysis uses the active data from the stock index only, i.e, the active trading hours and exact price levels without the off market activity provided by broker sites.
In this analysis 3 cycles completed with low-to-low magnitudes 357.18, 262.38 and 175.74 units.
The containment perimeter for these 3 cycles was 4680.01 points X 755 trading hours
Using a price scale of (Price/10) : Price range = 468.001 units
468.001 * 1.618 = 757.224 units
Thus the 3 cycles completed within a 1.618 rectangle structure
Also the magnitudes of the cycles were in Geometric decomposition order
First cycle = 357.18 units
357.18 * (3/4) = 267.89 units. approx = middle cycle length
357.18 * (1/2) = 178.59 units. 3rd cycles length was 175.74 units
The middle cycle magnitude also lies exactly at the half point between 1 and 3
(357.18 + 175.74) / 2 = 266.46 units = Mean
The variations are because these cycles are aligned with the Lunar cycles
The 4th cycle is actually the first of another set of cycles which will be contained in another structure.
The current magnitude is a 432 harmonic which completed, however, the projected extreme it can reach is 451 units magnitude
The two scenarios are either a new cycle starts from the 451 units pivot or markets will make a low at 29411.65 level before any correction up.
Trade safe, good luck.