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.
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.