Time Cycles: Four Days to Four Years

Although they are not always apparent, there are a number of fairly regular wave patterns in the movements of stock prices that appear to be based upon time. There seem to be regular and repetitive cyclically determined time periods between low points, which is how cycles are defined. Frequently there are equal lengths of time from highs to highs as well within full market cycles, generally during neutral market periods, but cycle lengths are normally measured from lows to lows of market cycles.