I am expecting stock markets to move down into the 40-week cycle trough with a profitable short F-category trade. But if the trough in early May 2015 was a trough of 80-day magnitude then it would be best to wait before going short, because the interaction with the FLD will be B-category.

I also look at the EURUSD which is forming an 80-day cycle trough.

Finally the GBPUSD shows a text-book example of the FLD interaction sequence.