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META Dominant Cycle

• META has had a fantastic run since Oct’22, about 4X, amazing.

• But the dominant 171W (3.28Y) cycle should be rolling over into early 2026.

• That should put some pressure on META price going forward.

Important This Week:

• Powell says he will not send any signal on exactly when rate cuts might commence (needs more data).

Plenty of opportunities for market jitters:

• 11 FED speakers this week.

• Large banks report Q2 2024 earnings

• June Retail Sales data - Tuesday

• June Building Permits data – Wednesday

• VIX OPEX - Wednesday

• Philly Fed Manufacturing data – Thursday

• OPEX - Friday

Usually, but not always, VIX and SPX are up into their OPEXs.

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