Friday, April 11, 2014

Week of Apr 14, 2014 outlook

With Good Friday being April 18 the market is open 4 days this week.  Basically this past week I was right in concluding the 4 month cycle was dominant and SnP500 was down just under 3%.  R2K is now down almost 8% for the year (so keep your eye on this as it and the NAZ led up and now may be leading down.

The 2 month cycle should top (providing some upside push first 2 days), The four month and one month cycles are down, while the eight month cycle is up.  So we may get an attempt to rally Mon-Tue, but I expect it to be muted and down Wed-Thur providing us another down week (4 month  cycle still dominant).

Don't forget we also have a full moon Monday Apr 15 (often turns at new/full moons) may indicate a turn up.
 



GL traders
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6 comments:

  1. InletApril 12, 2014 at 6:06 PM

    This Full moon is the first of 4 blood moons in 2014-2015 (All on Jewish Holy Feast holidays). Many says it foretells of huge happenings in Israel. Read for yourself: http://www.signsofthebloodmoon.com/?hop=prophecy7

    ReplyDelete
  2. InletApril 14, 2014 at 1:24 PM

    So far - 1 up day. Will tomorrow be another?

    ReplyDelete
  3. InletApril 15, 2014 at 9:19 AM

    Looks like 1.4 (or there about) days up, not 2 whole days...

    ReplyDelete
  4. InletApril 15, 2014 at 2:39 PM

    crazy market turned again and closed 2 days up.

    ReplyDelete
  5. InletApril 16, 2014 at 5:43 PM

    Down Thur??? IBM, AMEX, GOOG all miss revs and/or earn

    ReplyDelete
  6. sheepsApril 18, 2014 at 6:46 PM

    I dunno. Looks like consolodation for a while. I think 1864 holds. If not another new high perhaps.

    Which is great!

    Conversly 1815 1800 better hold...

    thanks for your Blog Inlet.

    ReplyDelete

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