Thursday, June 20, 2019

June 21 outlook

   Lack of pullback after FOMC indicates market is not ready for pullback yet. Sometimes you get the BEAR - sometimes the bear gets you.





  
Good luck

Sunday, June 16, 2019

June 18, 2019 weekly outlook

Early week up.  FED meeting could reverse market  by mid week.   Chart confirms this - see for yourself:

GL traders

Saturday, June 1, 2019

June 3, weekly outlook

The 40 week cycle has turned down.  The 20 week cycle is UP...  The 10 week cycle is TOPPING, as the 5 week cycle BOTTOMS.  (10 week mid cycle dip may be enough to trade  and it may not be enough to trade.  Be careful.)

Given this interaction of cycles we have seen about 6-7 % pull back  in the SnP 500.  This should be enough to warrant s bounce next week as the 10 week cycle turns down along with the 40 week being down.

GL traders

Sunday, May 26, 2019

May 27, 2019 outlook

The 40 week (9 month) cycle has topped and turned down, but lacks downside momentum.  The 20 week, 10 week, and 5 week cycles have bottomed and turned up.  Therefore I would expect sideways to slightly up/down as the cycles play against each other near term until the 40 week cycle gains more downside  pressure.

See for yourself:



GL Traders

Saturday, May 18, 2019

Weekly outlook May 20, 2019

Dow Jones Industrial  Average showed a mid cycle (40 weeks cycle) dip.  I had projected May 15 as a dip bottom.  Appears bottom was  May 13....

With the ups and downs as the 40 week cycle topped  hard to not lose money,  My only gains were some CDs paying interest and some dividends.  Stock gains were  mainly missing.

As stocks gain downside momentum looks like "sell in May and go away " may be good advice.  I have $150k in CDs and bonds  (bond funds).  Also about $200k in an IRA annuity.  Only about $20k in equities.  May trade a little around the edges June to August.



GL traders

Wednesday, May 8, 2019

May 8 2019 - longer term outlook

Here is the 40 week half cycle down time line:

 
 

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May 13 update (positive signals):




Saturday, May 4, 2019

May 06, 2019 outlook

Chart is weekly chart.  Appears we got a 40  week mid cycle down Wed-Thur.

 Now 40 week cycle (9 months) turning down as 20 week and 10 week cycles turn up...….

 


GL traders