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, July 1, 2016
Weekly outlook July 5, 2016
Bottom should be set and new trend up starting as multiple shorter cycles turn up. During July odds are we see some new highs in popular indexes. Maybe highs next week (depending on data points).