Envelopes, Waves and Cycles for Analysis and Trading

[parisboy]

You do not need Spectral Analysis to determine the Dominant Cycles at work within Price Action

Moreover these cycles work for you !

They are composite Cycles :what you see is the end-product of ALL operating Cycles , their amplitude is the SUM (plus/minus, bearish/bullish) of the Amplitudes of ALL operating Cycles within Price action

 

[parisboy]

You can even go deeper in the Analysis

 

[murray t turtle]

The person whose work to want to look at for market cycles analysis is John Ehlers. He uses DSP methods applied to finance. The caveat I always give about his approach to technical analysis is that anything from the world of physics applied to finance may be a misapplication of the physics. That is for you to decide.

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Some of it is pretty basic but still good.
Ever seen the expression= ''its hard to stop a train??'' Its hard to stop a good trend also..............................................................................................NOT a prediction.