Saturday, May 6, 2017

May 8, 2017 weekly outlook

Last week as the week ended we saw new highs on major indexes (barely). Early week some weakness, but earnings and stats pushed the market up by end of week.

In the upcoming week we have 3 cycles  down and 1 up.  Since the 9 month cycle appears to be dominate - expect some weakness  in the upcoming week.



Good luck traders
 

3 comments:

  1. #HurstCycles ALERT: SP500: Index: Price touched 20 Week downward VTL from BELOW at 2396.91 - http://ow.ly/CMSyx #fb

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