Wednesday, June 28, 2017

July and August 2017 outlook

We all know that at some point the market corrects.  Appears multiple cycles bottom  (nested bottoms) late August or early September.  That should lead to a market down turn.   Note: That markets generally spend less time going down than going up, so any pull back could be short and nasty.  I recall reading that markets generally spend about 25% or less of a cycle span going down.



  1. How low do you think we can get till September

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  3. According to Hindenburg Omen (six observations since May 4) a correction should give at least a 15% correction. With a cluster of 6 observations there is a 28% chance of a correction.