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, May 13, 2016
May 16, 2016 weekly outlook
The SPX has been down 3 weeks in a row. Surprised SPX not down more. Was expecting market weakness, but this week not as weak as expected.
The upcoming week should continue down this week as several cycles are synched down....