$AMD Cycle outlook into Sep-Oct 2024

AMD cycles

Daily - looks to have started decline to HCL which is putting ADM at a risk of daily cycle failure.



Weekly - printed weekly swing low on the tail end of the weekly cycle. Looking for the decline into ICL around mid May



Monthly - Bigger picture, just coming out of 7 year cycle low. We typically dip into HCL decline into month 23-25 so a final decline to YCL should be around Sep-Oct 2024