Above is a 15-minute chart of MSOS, and it clearly shows an explosive after-hours move sparked by a well-timed evening news catalyst. What makes this especially interesting is how it aligns with the 50-day cycle I highlighted last week, a cycle that bottomed two weeks ago and has been playing out with impressive accuracy ever since.
Cycles can be tricky, but when you find one that repeatedly marks meaningful turning points, it becomes something worth paying close attention to. In this case, the 50-day cycle suggested that MSOS was due for a reversal, and so far the price action has confirmed that idea almost perfectly. From the cycle low, buyers have stepped in consistently, pushing the ETF higher and showing clear signs of accumulation beneath the surface.
Today’s after-hours surge only strengthens the case. A catalyst hitting at the right moment often accelerates a move that was already building, and that appears to be exactly what’s happening here. If the cycle continues to unfold as expected, MSOS could rally into at least the end of the month.
What happens tomorrow (Friday) and how we close the week will be especially important. A strong finish would reinforce the cycle’s validity and set the stage for continued upside momentum. Either way, MSOS is giving us a fascinating real-time example of how timing cycles and catalysts can combine to create powerful moves.
You can read my post from last week regarding the cycle right here.
No comments:
Post a Comment