Phase shifts in the 40.68-month cycle by Gary Zin, Ph.D.
ARTICLE SYNOPSIS ...Phase shifts in the 40.68-month cycle
by Gary Zin, Ph.D.
Phase shifts plague every cycle technician. Phase shifts, or apparent phase shifts, are often present
when a high or low of a cycle is expected but doesn't occur. Sometimes, if neither a cycle high nor low
occurs on its projected date, a cycle will shift 180 degrees to its subsequent anniversary date. Many times,
these phase shifts occur near major trend changes in the market.
By assuming that a change in market direction is probable near the date of a predicted high or low, other
trend-following indicators can be used to decide whethe...