Friday, April 28, 2017
Weekly outlook May 1, 2017
I told you last week that the nested bottoms were over. So we had around a 2% gain early in the week with new highs. To give a somewhat longer view this week I am posting a weekly chart. It is about 2 weeks before the 9 month cycle tops and the 20 week and 10 week bottom. The 5 week cycle will also bottom (not shown). So mid May we will have a mid cycle (9 month cycle) pull back. Should be good for about a 2% pull back?