In some of my previous posts I spoke about how August was going to be an important low. Now I'm not so sure. This cycle that uses a larger timeframe shows good troughs at all important lows over the past 2 years, and this cycle is showing an important low around Election time. So, we may get an intermediate low around August but the more important major low I think will be around Election time.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.