L-Wave Model

The L-WaveA single oscillation measured from one peak to the next or from one trough to the next. row provides a representation of a longitudinal timing model that studies cyclical patterns of a market's turning pointsA point in time at which a market direction change occurs or may occur. Also called a target date..

• The cyclical patterns can vary, sensitive not only to a given market's own cycleTaken from the Greek word “kyklos” meaning circle or returning to the point of origin. A rhythm or frequency of repetitive nature as in weather or in regular oscillations from peak to trough in a time series., but also to external factors that may impact a market's cycle.
• The L-Wave row is based upon the longitudinal timing model's interpretation of the cycles, as they expand and contract over time
• A green bar indicates a number that is equal to the previous green bar or higher than the green or purple bar in the previous time frameOne of the five key viewpoints of time into which analysis is divided: daily, weekly, monthly, quarterly, and yearly. Also called a time level..
• A purple bar indicates a number that is equal to the previous purple bar or lower than the green or purple bar in the previous time frame.
• Bar height is standardized to the largest bar, providing a relative scale for the time frame.