Saturday, January 30, 2016

Feb 1, 2016 outlook

An intermediate cycle low may have been reached  this past week (2-4 weeks earlier than projected).  If so I will need to make adjustments to my placement of cycles...  Time will tell.  So be aware we may have had an intermediate cycle bottom around the third week of January.  For now I am still expecting another bottom by/after mid February (and this is how I display it on my charts).


 


GL traders

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3 comments:

  1. I got Fib Time topping out between Feb 28th and March 22nd...can you check this please. Thanks.

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  2. Looking at Fib time on stockcharts.com from the high at end of December it is 55 days (a FIB #) to late March, so it appears to me the Mar 22 date is likely...

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