Thursday, April 18, 2019

April 22, 2019 weekly outlook

10 week and 20 week  cycles turning down.  Should be enough down side pressure to control direction of the market.


Good Luck traders

Saturday, April 13, 2019

Weekly outlook April 15, 2019

The market keeps pushing higher with difficulty.  I had opined some 3-4 weeks ago that it appeared a right translated cycle was developing (top past half cycle).  The SP500 is about 20 points below a new high....  and we have a right translated top  so we may get earnings disappointment this week and a pull back (at least  that is my opinion)



Good luck traders

Saturday, April 6, 2019

Weekly outlook April 8, 2019

My take on JM Hurst's work with cycles  (free to you).

 

If you prefer you can pay several hundred for the app(s) to draw Hurst charts (sample follows):
 

GL traders

Friday, March 29, 2019

outlook week of April 1, 2019

A top was set about 1 week ago (20 week cycle).   So that cycle   (20 weeks) turned down.   The 40 week cycle is still in a left leg up move.

The 10 weeks cycle   is topping and should turn down during the week.   The 5 week cycle (not shown ) should bottom and turn up by week end.

Short term trade possible (bottom mid week??).
 



GL traders

Saturday, March 23, 2019

March 25, 2019 weekly outlook

Looks like we have topped.  I had expected a top 2-3 days earlier, but cycles are not always exact.  Be ready to take what the market gives you.  you should have raised cash this past week  and be ready to buy trading position around third  week of  April.


 
green circles = BUY, red circles = SELL

NOTE:  Most recent circles are red....

GL traders

Friday, March 15, 2019

Mar 18, 2019 weekly outlook


Past two weeks saw the 10 week cycle bottom.   As expected the cycle top was right translated so the downside of the 10 week cycle will be minimal in time (say past 2 weeks down and a fraction of the rise in the prior 7  weeks).  But, the total length of the cycle should be 10 weeks. 
 
 
Good Luck traders

Saturday, March 9, 2019

weekly outlook Mar 11, 2019

The drop this past week was past due as the top was right translated for the 10 week cycle.  Since cycles balance out I would expect the down leg of the 10 week cycle to be less than 5 weeks. 


GL  TRADERS