Thursday, January 14, 2016

Jan 11, 2016 weekly outlook

Several longer cycles should bottom by around mid-February.  This is not a new projection, but this past week's market action seems to support this ....   Time will tell.  After 5 days of very negative market action one or two positive days next week are likely  as the 5 week cycle tops, but no up trend of multiple days seem likely.  (NOTE yearly outlook posted first of year)

Good luck traders

Short cycles for day traders:
Thurs Jan 14, 11:00 AM charts:

Good trading

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