his claim at the end of 2019,
It should not necessarily be at 2019. "When" is not defined at his post.
@Strike Eagle 26
What if Dow makes a high in May but does not elect any reversal?
If it does then that could be a good place to short the market. But It can still go against you due to a Cycle Inversion or a Cycle Cancellation. Elected reversals would give you a clear buy or sell signal and you can trade those with the most confidence.
@bikefront
It can be used as a confirmation tool with the reversals but have noticed it being wrong a number of times but usually on the indices.
We did elect 2 daily bullish reversals for Crude Oil on the 22nd so that implied a bounce.
The reversal system will say "Dbi" next to the number if that reversal is in fact a double which is very rare I have only seen it once before and never seen a triple.