No, that's not correct, and you can see the market, for example, the Nasdaq or gold was opposite to what is in the picture. The only one that was close to the picture was the Euro Dollar.

The Benner Cycle Document is a term used in two different contexts: the first refers to Benner's Cycle, which is an analytical tool for predicting long-term market prices and identifying potential peaks and valleys. The second refers to the Banner Process, which is a military operation by the British Army in Northern Ireland.
Explanation of Benner's Cycle: