Market Cycle Points
Market Cycle Points are swing highs and lows of the major stock market averages. SMT displays three (3) different cycle timing prediction indicators, giving investors and traders a heads-up of when to expect the next market trend reversal.- Pivot Points - despite what many people believe, stock market movements are not a random walk. The market does move in cycles. The basis for Elliot Wave Theory is market cycles. Trendlines, one of the oldest forms of chart analysis, are formed across peaks and valleys called pivot points, relative highs and lows on a chart. SMT's proprietary Pivot Point algorithm attempts to forecast the next short-term reversal point.
- Dominant Market Cycle - In his book "The Profit Magic of Stock Transaction Timing", J.M. Hurst claims proof that stocks fall in defined cycles. Cycle lengths are calculated from top to top and from top to bottom. The DMC is useful in predicting the next trend change date. Trend changes may also occur around half cycle dates.
- Bradley Siderograph - developed in the 1940's by Donald Bradley to forecast the stock markets. Bradley assigned numerical values to certain planetary constellations for every day, and the sum is the siderograph. The siderograph can not reliably predict the direction but only turning points within a time window of +/- 4 calendar days. Inversions (i.e. a high instead of a low and vice versa) are quite common.
Market Cycle Points
Prediction of Next Cycle Dates
| Bradley: | 09/09/08 |
| Pivot Point: | 08/13/08 |
| DMC: |