Friday, June 15, 2018

Weekly outlook week of June 18, 2018

Week just ended was much as expected (sideways).  Still a gap  to be filled?  Shorter cycle (5 week)  topping.  Other cycles shown going up.    Triangle still present.  Should see some advance, but may be a struggle.....


GL traders

Saturday, June 9, 2018

weekly outlook June 11, 2018

I told you last week to expect an upside move for the week.  That is what we saw.  Circle cycles  moving up...……

The cycles continue up  for this week but we have a gap up that needs to be filled by a pull back.  Also there is an up sloping triangle and this often precedes a pull back.  The week should be up, but the week is less clear than the week just ended.  Side ways is possible.



Good luck traders

Saturday, June 2, 2018

June 4, 2018 weekly outlook

The first 5 months of  2018  ended with the DOW and SnP500 indexes flat.  The Russell 2000 fared better.  Appears multiple cycles bottomed this past week.  So June should fare better with the fist full week of June being up.


Bonus chart - remainder of 2018 -



GL traders


Friday, May 25, 2018

May 28, 2018 weekly outlook





Nested envelopes indicate top formed ....  Sell?

Meta Sine wave turned down and should bottom within 5-6 trading days.  Past week with short cycle down and longer cycles up gave a sideways move.  The week was sideways.  So far 2018 has been sideways.

 

Monday, May 14, 2018

May 14, 2018 weekly outlook

 
 
Hurst cycles
Shorter cycles  keep whipsawing up and down. Expect a short term top during the last half of the week.
 

Tuesday, May 8, 2018

Nested envelopes for cycles

Most of my posts use semi-circles to show cycles.  On April 1 I showed you the use of  "sine" waves as an alternative way to show cycles. 

Bit, there are other ways to visualize cycles.  Lots of people like Moving Averages (MAs) to analyze price movement.  We can use envelopes (based off MA offset above and below MA).  Time shifting 1/2 the  cycle span  centers the envelope.  To extract maximum information we nest cycle envelopes.

Here is an example - Russell 2000 Index:


Note  difference in MA lengths  (20 and 40 days), time shifted (10 and 20 days)  (2.5 and 3 deviations from MAs which are not shown)

Good Luck traders