Friday, January 22, 2016

Jan 25, 2016 weekly outlook

Three of 4 cycles down on chart.  Also longer cycles (3 1/2 and 7 years) set to bottom in about 6 weeks.  Past week ended up as 2 shorter cycles managed to overcome down side pressure.  Expect the sell down to resume next week (and continue past that until longer cycles bottom).  We have a lot of down and up volatility to trade.

So far have managed to do OK with short term trades in 2016. Past week was not great, less than 1% gain, but have a small position at week end in RWM that I feel positive about. 

Short term charts to help short trades:



Good luck traders



  1. Hi, do you see a bear market now underway once the longterm cycles bottom mid February 2016. Whats your experience of cycles during bear market ? Can you share some charts ?Many thanks, Jaze

  2. Some indexes (Transport, Russell 2000, foreign indexes (China, FTSE, etc.)) are in bear market territory if you use the down 20% standard definition. I believe the odds favor the SPX and DJIA achieving "bear" levels in February. Or, are we already in a bear market as some Indices suggest?

    Time will tell.

  3. Monday after close - replaced short term charts