Saturday, January 19, 2013

Jan 2013 update III

New 5 year highs. It appears we still have a bit more upside next week with a topping around Jan 25 of the Wall cycle.  My projections are 1498-1510 for the SPX.  Then the Wall Cycle is down for 10 weeks through the first week of April. Within that 10 weeks we have the 25TD (qtr Wall) and 34TD cycle (1/3 Wall) cycles topping and bottoming providing opportunities to swing trade long and short.

Here is a visual:


Gl traders

1 comment:

  1. Will APPL's earnings report be the trigger for the market top?