Cycle Bottom Indicator [CBI] - Log Chart [UPDATE 06]

A quick update on the Cycle Bottom Indicator (CBI).

Currently forecasting for a MA cross on the 11th July 2022 (see dash red and green projected lines and vertical golden line).

Would fit in nicely with a final capitulation around that time with current price action.

#NOT FINANCIAL ADVICE - CHARTS ARE FOR HISTORIC RECORD & EDUCATIONAL PURPOSES ONLY

Komentarz:

NOTE: Cycle Bottom Indicator CBI has been 'fit' and coded with a 3 day tolerance similar to the Cycle Top Indicator CTI.

It is worth noting the current projected cross 11th of July aligns with the weekly close.