Saturday, July 14, 2018

July 16, 2018 weekly outlook.

 
Probably will see indexes at new highs during the week.


 10 week cycle nearing mid cycle  high (which should lessen upside momentum). Week just ended  at or near highs.

2 comments:

  1. The 9 month cycle for SPX beginning in mid Aug would be mid May...no? Your chart has the 40 week ending in July which would make it 11 months. What am I missing? Thx!

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  2. Cycle lengths may vary (40 weeks is 9 months + 1 week). Some technicians refer to the cycle as 9 months, some as 40 weeks. Longer cycles vary the most in length and are not for short term trading. I try to give you short term guidance for trading in my commentary.

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