The afternoon strength on New Year’s Eve changed the consensus from xCC to the more traditionally questionable xFC.
I submitted an article to SeekingAlpha that goes through some important changes to signal logic. The Higher Cycle is shown above with the aggregated 3x Bull numbers (including LABU) from the last 54 trade days. xFC is playing CO OK, but has been weak OC. xCC would have been a worse bet based on this as it is the only higher cycle signal with questionable CO numbers.
January is tricky to call, not that the other months are that easy.
The subject matter of my article might be a bit of a stretch for SA to publish as it gets a little theological so we’ll see what happens.
