- Market Twists & Turns by BraVoCycles Newsletter
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Qualcomm - QCOM
QCOM, one of the vital semiconductor companies and the leader in the wireless area topped in June and has lagged SPX since.
My preferred EW count is shown below.
Wave A may be completed or one more minor wave lower.
A wave B rebound may take a few months.
The weekly cycle composite further suggests an important cycle trough in 2026, a peak in 2028, and another trough in the early 2030s.
This is similar to the cycle picture I noticed in other big stocks and indexes.
Consider following me on X (former Twitter) in addition to the newsletter, as I often post valuable information there in real time between the newsletters.
Yesterday, I re-posted GC (Gold) EW count published in the Premium Newsletter.
Another high or not, GC should correct for a few months before attacking 3,000 in Primary-5.
#Gold, #GC likely #EW count.
$GC may spend a couple of months in Primary-4 correction.
$Gold #GLD $GLD #PreciousMetals— BraVoCycles Newsletter (@BraVoCycles)
2:52 PM • Oct 1, 2024
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