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.
Sunday, December 18, 2016
Dec 19, 2016 weekly outlook
Less upside than I thought probable (DOW fell just short of 20K). 10 week cycle near top and should turn down in coming week. I expect some weakness into Christmas.
Last week TSI showed a buy (green arrow), that has now reversed to a sell (red arrow).