I just traced these cycles following the first two MACD tops shown and it falls quite close with the third one. I read somewhere that these cycles were better traced following the bottoms, but it follows a close relation.
If we are really going down this path, we may re test the 220 past bottom and then we will go up again, with a next top beginning november.
If we are really going down this path, we may re test the 220 past bottom and then we will go up again, with a next top beginning november.