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 18, 2017
Weekly outlook June 19, 2017
Some of the larger tech stocks starting to show some erosion (AAPL FB, etc.). Expect continuation as more stocks start to erode over the next few weeks. If you are holding consider setting stop losses.