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There was some discussion recently about a
discovery of
an approximately 16 month cycle (67.2 market days
or so)
of Sun activity that might have influence on the
markets.
Attached is a weekly chart of SP cash for the last
5 years or
so. On it is my Fourline_MEM routine output
which identifies
the period as being 70 days and that with a very
strong spectral
line (meaning high probability there is a 70 day
cycle present).
There is a BLUE line plotted in the price portion
of the chart
which is a "instantaneous" representation of the
relative amplitude
of the 70 bar cycle on any given bar based on the
Fourier coefficients
calculated from the prior 10 cycles of
data.
The analysis showed strong 80 bar and (red line)
and 52 bar period
cycles. It would appear that we are nearing a
"confluence" of bottoms
for all 3 cycles selected for display.
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