Friday, June 29, 2018

weekly outlook July 2, 2018

Short cycle bottoms before week end?  Longer cycles gaining some upside momentum. End of month, end of quarter.... May be a volatile week with week ending positive push.
 


 

Happy 4th traders

4 comments:

  1. Rather interesting chart! For the short term I see it moving between the high/low levels of 2018.

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  2. was today (July 5) the expected bottom?

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  3. Almost looks like there are two bear flags on the chart. Coupled with very low employment and oil up 70% these last 12 months, second longest period without a recession. I wonder if there will be a much harder correction or with all the QE that was pumped the markets will fly for a few more years yet. Maybe trump will force a correction with the trade war.

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  4. your observation is correct and to be returned on the maximum perhaps a prelude to a transfer? what do you say Intel?

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