
               Chart 1 – Do you see the cycles in this chart?
Chart 2 - Cycles are measured from bottom to bottom.  Every  time  frame  ofevery market has a dominant Trading Cycle averaging from 14 to  25  bars  asmeasured in weeks, days, half days, hours, minutes or  ticks.  Most  TradingCycles in the stock and futures markets tend to cluster in the 18 to 22  barrange, averaging 20  bars  from  bottom  to  bottom.  In  Chart  2,  T-Bondsexhibits a daily trading cycle  of  21  days  from  bottom  to  bottom.  Thetrading cycle tops and bottoms are indicated by the arrows.