Chart of the day: price cycles in the S&P 500


Adam Grimes has over two decades of experience in the industry as a trader, analyst and system developer. The author of a best-selling trading book, he has traded for his own account, for a top prop firm, and spent several years at the New York Mercantile Exchange. He focuses on the intersection of quantitative analysis and discretionary trading, and has a talent for teaching and helping traders find their own way in the market.

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  1. ewtnewbie

    Thanks Adam. I’ve been watching that one month down/up pattern playing out and hoping we get two more months worth of down and then up again in this 2320-2400 range. Would make a wonderful triangle and range trade!

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