Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Saturday, February 7, 2015
Weekly outlook Feb 9, 2015
I expect the week to show weakness. Friday may have marked the top of the short term cycle(s) and the market should pull back over the next week. This is confirmed by the RSI3M3 indicators :