Image Source: PexelsLet’s start off with this important item: in the span of the past month, we’ve moved from Extreme Fear back to Greed. If I had one lick of sense, I’d pay better attention (and take seriously) such items, because my biggest flaw as a money-making trader these days is my failure to get OUT when bearishness is at an extreme. I ALWAYS overstay my welcome, which not only kills me, but it has the doubly bad effect of making me too scared to get aggressive with things that are too BULLISH (like right now).
Represented over time, the shift from greed to fear and back again has been quite cyclic.
I’ve been quite fascinated by the handful of major items that have locked into a breathtakingly regular sinewave pattern. What I’ve done with the items below is pointed with my cursor to the NEXT PEAK in the cycle to get a vague idea as to when it should take place.Here we see Consumer Staples on December 7th.
The Russell 2000 futures is on December 22nd.
Whereas retail peaks on about January 5th.
Now there are three important caveats;
Having said all that, the ”cluster” of peaks is sometime between early December and early January. Of course, impatient little twit that I am, I’d prefer the peak be NOW, but that’s not what the charts suggest!More By This Author:A Nation Of Debtors Halted HomebuildersUtilities Forever
