Cycles and chart patterns by Anthony F. Herbst
Many who analyze price charts of stocks or commodities recognize that cycles influence the patterns
they observe. But few carry this insight through the logical steps that could mean better trade timing. The
steps that I am referring to are the isolation, synthesis, (re)combination, and projection of cycles.
The steps involved in the isolation and validation of cycles in data are beyond the scope of this article.
Indeed, many articles in Stocks & Commodities have dealt with the topic and others will continue to do
so. There is also the Foundation for the Study of Cycles which, since its founding in 1941, has been
committed to the quest for better understanding of all cyclical phenomena. The Foundation is today the
world's leading center for cyclic research and education.