Stock Market Digesting Gains

Going With Positive Seasonality Into July

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Today we will be covering...

  • Today, we will examine GBPUSD (British Pound / U.S. Dollar). Which of the two fiat currencies is a “dirtier shirt?”

GBPUSD Cycle Analysis

  • GBPSUSD* daily cycle composite warns that a multi-month correction is due.

  • Negative divergence in cyclic-RSI agrees.

  • We will review GBPUSD cycle price projections in the Pro newsletter.

*The GBP/USD (British pound/U.S. dollar) is an abbreviation for the British pound and U.S. dollar currency pair, or cross. The currency pair shows how many U.S. dollars (the quote currency) are needed to purchase one British pound (the base currency).

Sentiment & Technical Analysis

  • The CNN’s Fear & Greed Index advance from 56 to 59 in Greed.

  • One of the two main SPX Elliott Wave counts published in the Pro newsletter a few months ago.

  • This count reflects a multi-decade bear market potential before wave (II) is completed.

  • There are very significant cycle troughs in about 2030 +/- and early 2040s.

BravoCyles on Youtube

  • Check out our latest YouTube video about Ethereum!

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    • Another long-term yellow/red flag regarding the stock market valuation. Again, this is not a short-term signal.

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