Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Sunday, June 4, 2017
Jun-Aug outlook
Seems the longer 18 month cycle is becoming very right translated (up). There is a limit to how long that can last before it turns down. Jun-Aug could see a substantial correction (bear market??). Time will tell....
Thank you ! love to read your posts!
ReplyDeleteThank you for your posts. A 1987 style correction could be awaiting.
ReplyDeleteI try to keep the charts as uncluttered as possible yet give you a look at what the market is likely to do.
ReplyDelete