A quick update on the Cycle Bottom Indicator (CBI).
Currently forecasting for a MA cross on the 11th July 2022 (see dash red and green projected lines and vertical golden line).
Would fit in nicely with a final capitulation around that time with current price action.
#NOT FINANCIAL ADVICE - CHARTS ARE FOR HISTORIC RECORD & EDUCATIONAL PURPOSES ONLY
Currently forecasting for a MA cross on the 11th July 2022 (see dash red and green projected lines and vertical golden line).
Would fit in nicely with a final capitulation around that time with current price action.
#NOT FINANCIAL ADVICE - CHARTS ARE FOR HISTORIC RECORD & EDUCATIONAL PURPOSES ONLY
It is worth noting the current projected cross 11th of July aligns with the weekly close.