SPDR S&P Metals & Mining ETF - 12th April 2023 | @ 163 Days | Snippet

'B' class signal detected in SPDR S&P Metals & Mining ETF (XME). Attributes, targets and phasing analysis below

XME 0.00%↑

Signal Class & Attributes

Defining characteristics of the component detected over the sample period.

Detected Signal Class: B - learn more
Average Wavelength: 163 Days
Completed Iterations: 10

Signal Detail & Targets

Here we give more detail on the signal and our expectations for price, given the detected attributes of the component. In most cases the time target to hold a trade for is more important, given we focus on cycles in financial markets. Forthcoming trough and peak ranges are based upon the frequency modulation in the sample.

Phase: Late Down / Troughing
FM: +- 16 Days
AM: 0.99
Next Trough Range: April 19th - May 21st 2023
Next Peak Range: July 6th - August 7th 2023

Sigma-L Recommendation: Early Buy
Time Target: ~ 23rd July 2023

---

DISCLAIMER: This website/newsletter and the charts/projections contained within it are intended for educational purposes only. Results and projections are hypothetical. We accept no liability for any losses incurred as a result of assertions made due to the information contained within Sigma-L. This report is not intended to instruct investment or purchase of any financial instrument, derivative or asset connected to the information conveyed in the report. Trade and invest at your own risk.