Saturday, September 22, 2018

weekly outlook Sept 24, 2008

I stated last week that the week probably be an up week.  That proved to be the case.  This week the 5 week cycle has topped and will be  down by week end.  The 10 and 20 week cycles are up.  So I expect the week to be up, but less than the past week.

Take a look:

 
 
GOOD LUCK TRADERS

Saturday, September 15, 2018

weekly outlook Sept 17, 2018

Any student of cycles understands that cycles do not always fit the assumed  length.   If it is a long cycle of several months a variation of  length (short or long) may be of small consequence.  Whereas one or two days may be significant for a short cycle.  As a result it may be necessary to adjust bottom pivot points so charts more closely match past movement....

For short cycles medium length cycles provide the  frame for shorter cycles  (20 weeks divides in to two 10 week cycles and 4 five week cycles.  So changing the bottom pivots of the 20 week cycle  changes pivots of the 10 week and 5 week cycles.  To sum it up:  without expensive tools these changes are made using the ole "eyeball".  And the "eyeball" is imperfect.

Two longer cycles (10 and 20 weeks) are up.  5 week cycle tops mid week.  probably up week  (could be sideways).



 


GL traders.

Saturday, September 8, 2018

Sept 10, 2018 weekly outlook

 
Venezuela   is a basket case.  South Africa in a recession.   Turkey and Argentina in bad shape.  Sanctions on Iran, NOKO and Russia..  Brazil starting to look weak.  I told you possible weakness by mid September  and I may have been too conservative.  Indonesia has currency issues.  EM contagion is spreading.


UPDATE Bitcoin chart:




GL Traders

Thursday, August 30, 2018

sep 2018 outlook

Will move up continue?

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Longer cycle up, 2 shorter cycles up. Almost time for a pause by mid September

Sine chart same information as circle chart.  Just a matter of preference:


GL traders




Saturday, August 25, 2018

August update - aug 27

2 cycles ready to turn down, but longer cycle up still.  see for your self :

Good luck traders

RSI indicator warning of top and turn down soon  (over 60)

Saturday, August 18, 2018

August update (aug 20, 2018)

My last update I suggested that August would see an "up" move by the market.   The market may  stall last week and half of August.  Here is a view:

 
GL traders

Saturday, August 11, 2018

August 2018 outlook

For swing trading focus on shorter cycles  of 5 weeks or less.   If you focus on 3-5 stocks with different cycle periods  you may get 3-5 trades per month.   Like this example with 5 week cycles:

Appears market should advance thru mid August and pull bac last half of August.

For day trading you will want short cycle periods of say 8 Hours +/-2 hours.  Like this example:


GL traders