$INTC

Intel's weekly cycle is expected to bottom around November 23rd–27th, so risk is expected to continue through winter. The daily cycle is negative after a failed push above a peak, with momentum negative into the October 22–30 earnings window; a temporary rebound is expected but should fade.

BearishHe framed it in months
“askSlim Market Week 10/16/26 - Analysis of Financial Markets”
Steve MillerPublished Oct 16 · 4 passages

Jump to any passage

4 passages

Katie, do you have any questions about Nvidia or Intel?

The next company we will look at is Intel. Let me concentrate for a moment. Intel has a large 36-thread main cycle with secondary subcycles . You can observe this strong rise, which extended by 261.8%, and then a correction occurred just in time for the secondary cycle to reach the bottom of the support zone.

After that, the price bounced back, and as you can see, although the reversal indicator is still positive, it has begun to flatten out and is starting to reverse.

The bottom of this weekly cycle reaches an ideal level between November 23rd and 26th and November 27th. Therefore, I expect the risk to continue throughout the winter. On the daily chart, you can observe the formation of a negative cycle.

The price rose, then a good correction occurred, reaching the top of the support zone. He tried to rise again and surpass that peak, but he did not succeed. Then the reversal indicator began to reverse.

As you can see, the momentum, with the thin band, has become neutral and then negative, and is now approaching the timing window for this daily cycle, from October 22 to 30 . There will be an earnings announcement during this period .

This indicator is expected to experience a temporary rebound that will later fade , to begin price cycles that extend into winter. This indicator or that one may show us a simultaneous bottom for the daily and weekly cycle.

TickerSays