According to our mathematical and timing calculations, UNH (UnitedHealth Group) should develop in the following fashion:
- We are looking for a major bottom associated with our main cycle bottoming. Risk of trying to “catch a falling knife” remains high.
- We are now within the confines of a margin of error associated with a major cycle bottom. The actual cycle arrived on XXXX, but it has a +/- 2 months range. With that in mind, an important TIME cluster arrives on XXXX (+/- 5 trading days). This juncture can very well mark the bottom.
- Our PRICE variable suggests the bottom is not yet in. Having said that, the PRICE variable associated with this bottom is at XXXX.
- Once the bottom is in place the stock should recover strongly into $XXXX by as early as XXXX.
In summary, our Time/Price calculations suggest UNH is currently looking for a major long-term bottom. With XXXX at $XXXX being the most likely bottom target. Once the bottom is put in place, UNH should rally to as much as $XXXX by as early as XXXX.
Trading setup: Current setup is a textbook example of trying not to “catch a falling knife”. If you would like to find out exactly what UNH will do going forward, as well as its exact time/price trading parameters, please Click Here