Sunday, July 28, 2013

Outlook week of Jul 29, 2013

The 1/3 Kitchin cycle bottomed in Mid November and is 13.5 months long which implies a top in late May or early June.  So this cycle is now down, but early in its down phase so the effect is still minimal. 

A 1/3 Kitchin is sub divided into 3 Wall cycles (4.5 months, 20 weeks+, 102 days).  So the top of the 1/3 Kitchin cycle marks the top of the second of 3 Wall cycles in a 1/3 Kitchin cycle.  So the Wall cycle is down for about 4 weeks now and has medium down impact.

The Kitchin cycle is up (41-42 months) but early in its up phase.  So the longer cycles have a minor impact to the down side....

Shorter cycles such as the 1/2 and 1/8 Wall  offset, so overall it appears we have a mixed bag. The last signal from our analysis/charts was a sell signal.  The week will probably work sideways with a downside bias.


Update Jul 30 close - RS complete (?) and ready for arm down:


  1. so far sideways as I opined with a downside bias. H and S appears almost completed and if true we should get stronger down move in latter part of week.

  2. HnS does not appear to be working out, could happen but it won't be symmetrical...