Saturday, August 22, 2015

Aug 24, 2015 weekly outlook

Traveling and will furnish updated charts when I have the time and better internet access.  Interesting week just past.  Mid year I posted a longer term outlook.  I posted longer cycles (Kitchin cycle 3 1/2  years) and 1/3 Kitchin cycle (13+ months). .  Also noted that a down turn in these longer cycles would accelerate in the last 15-20% of the cycle and these cycles should dominate during that time frame).  Projected bottom on  these longer cycles is around year end.

We may have now entered that down draft from the longer cycles as the up turn in shorter cycles seems to be totaled dominated.  I told you the first couple of weeks after the nested bottoms would tell us if we were entering a longer term trend change....  I suspect we have and will take a closer review of this past week's action.  . 

Appears longer cycles have taken over to the down side and should control for most or all of  2015.  Since down moves tend to be shorter and cover a lot of amplitude in a short time expect moves to be volatile and violent.

If we get a "bear" market then expect at least a 20% (400 points)  pull back in SP500.  Remember 20% down wipes out 40% up move,,,,

GL traders


  1. The 7 year cycle:

  2. Also research "Jubilee" in regards to 7 year cycles.

    Those expecting a Stock Market crash on September 13, 2015 (elul 29) [September 14, 1st trading day]; expect to be disappointed!

    Choosing to believe or not, we are living in prophetic times. From a prophetic perspective, the exact night of Babylon’s destruction and Belshazzar’s (Nebuchadnezzar’s son) death was predetermined by the God of Israel 2520 weeks (7-years x 7-cycle = 49, 360-day years) in advance when Nebuchadnezzar first destroyed the Temple and stolen the implements. That exact night of Belshazzar’s death and Babylon’s destruction, God wrote ‘MENE, MENE, TEKEL, PARSIN’ on the wall. The very next day the next 2520 week clock started and God has been marking time since. As stated by Solomon… Everything Has Its TIME! – Ecclesiastes 3

    The last 2520 week countdown clock began on June 7, 1967 when Israeli recaptured Jerusalem and ends exactly 2520 weeks later, this September 23, 2015 as referenced in our prior article titled