Saturday, April 30, 2016

May 2, 2016 weekly outlook

The 20 week cycle appeared to show its dominance in latter part of the week and we had a down week as the 20 week cycle gained momentum to the downside,  After getting an "alert" last week (see FLD  touch  from above (alert) and cross(sell signal). 

Now the 5 week cycle shoud turn down the next couple of weeks.  This should set up a bottom by middle of May?


Friday, April 22, 2016

Outlook for week of April 25, 2016

Even though the 20 week cycle topped and is down next week three other cycles are up.  The 20 week cycle is often dominant, but will probable result in sideways action for the last week of April with the other 3 cycles "up".  There may be some upside bias, but new ATHs may not happen...

Alert for NDX100 as price touches FLD from above:

GL traders

Friday, April 15, 2016

April 18, 2016 weekly outlook

A test of ATH seems likely since the shorter cycles should have bottomed and turned up.

But, always expect the unexpected, so watch for that sell signal:

GL traders

Saturday, April 9, 2016

April 11, 2016 gold

You need a chart of shorter periods to try and trade recent short ups/downs (hours, half-hours).  Still day trading would be risky.

Gold Hurst chart (FLD - Future Lines Demarcation; VTL Valid Trend Line):

Short span cycles (Hurst chart):

Priced in gold:   this page  ....


Friday, April 8, 2016

April 11, 2016 weekly outlook

Shorter cycles down during the week.   The shorter cycles should end by Monday Apr 18....  After that we make one more attempt at a new high before mid year


GL traders

Saturday, April 2, 2016

Apr 4, 2016 weekly outlook

I thought the 10 week cycle might provide some down side movement, but it was not to be.  But the evidence is starting to suggest more strongly we are due (even overdue) a pullback.

RSI is near levels suggesting an imminent top, TSI should see a bearish crossover soon and the stochastics suggests a top is due.  With multiple indicators lining up to suggest a top, surely a pullback is due.

GL traders

A different look (Hurst FLD for DJIA)