Saturday, February 27, 2016

Feb 29, 2016 weekly outlook

Looking at the full stochastics we see lines crossing at top of  stochastics chart telling us it is time to take some profits.  Even though we appear to have had an ICL and cycles have turned up two weeks ago the market tends to climb in a none linear fashion (up-down-up etc.) so with shortest cycle topping and down I suspect the week to be biased to the downside.

GL traders

FYI - Hurst cycles  (54 months, 18 months, 9 months/40 weeks)


Friday, February 19, 2016

weekly outlook for feb 22, 2016

As expected a bottom was set Thursday Feb 11 and that was followed by a turn up Friday and the 4 trading days in the week just past..  The pivot off the bottom takes a bit of time to develop upside momentum so the shorter cycles will result in a sideways to slightly up  this last week of February.

GL traders

An alternate cycle interpretation (Hurst cycles bottoming in March - 54, 18 month long cycles).  Shorter cycles include 20 weeks and 40 weeks,,,,,


Friday, February 12, 2016

Feb 16, weekly outlook

Market may have set an ICL (Intermediate Cycle Low) on Thursday which aligns with my prediction of several cycles bottoming the week ended (40 weeks or 9 months, 20 weeks. 10 weeks and 5 weeks).  There may have been longer cycles bottoming (LTCL - 7 years, 3 1/2 years, 13 1/2
 months etc.).  Time will tell regarding longer cycles.

GL traders.

Friday, February 5, 2016

Feb 08, 2016 weekly outlook

Do we get the bottom (ICL - Intermediate Cycle Low) this week?  That is what I expect as the 9 month bottoms along with the shorter embedded cycles.  There is a potential of longer cycles also bottoming during Feb-Mar time span (covered in previous posts.


GL traders

Tuesday, February 2, 2016

Feb 02 short term trades

An example of my short term trading (selling RWM then buying IWM):

By trading this way you can remain invested and remain market neutral.  Your gains will be small (1-2% per trade) but with 4-5 profitable trades a month you should net 6-10% a month.  Over a year you end up with nice gains...  Notice I use stops to avoid big losses, and this cuts into gains, but avoids big losses.

With indexes stop losses are effective because unlike stocks rarely do you get large gaps down.

Feb 4, 2014:
Bought back in 10:35

sold around 3:00 PM EST

Bought IWM Feb 5 around 10:50 am EST