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.
Saturday, May 7, 2016
Outlook for week of May 9, 2016
The 20 week cycle should by now have strong downside momentum. The 5 week cycle is also hard down. Expect another down week for the week of May 9. OLD SAYING: "sell in May and go away" may prove out.