Saturday, April 30, 2016

May 2, 2016 weekly outlook

The 20 week cycle appeared to show its dominance in latter part of the week and we had a down week as the 20 week cycle gained momentum to the downside,  After getting an "alert" last week (see FLD  touch  from above (alert) and cross(sell signal). 

Now the 5 week cycle shoud turn down the next couple of weeks.  This should set up a bottom by middle of May?


GL

1 comment:

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