Jan 28, 2019 weekly outlook

RSI is often used for buy/sell signals (under 30 oversold - buy, over 70 over bought sell).  But the time between signals can be longer than desired.  (So the STOCHRSI was developed.  See for yourself. Over 0.8 sell, under 0.2 buy )  Top of chart is RSI and bottom is STOCHRSI.

Hope you find this useful.  GL Traders

Jan 21, weekly outlook

The 10  week cycle nearing a top.  This cycle has had good thrust in the recent past.  Watch the RSI (lower part of chart) - 70 is over bought and normally indicates a top.

Take a look.....

GL Traders

ideal cycles

How do I choose cycles for display?  The 10 week,  20 week, and 40 week (often called 9 month cycle) is a group of cycles identified by JM Hurst in his work (Google him for lots more info).  I did not just randomly choose them.  The 20 week  (100 day) cycle is called the Wall cycle after a person named Wall.

Take a look:

Now look at a chart with data:

 

  Hope this  informs you as to my method of selecting cycles (I cheat LOL)

GL traders

Jan14, 2019 weekly outlook

5 week cycle topping:

 

GL Traders     

 

 

Jan 07, 2019 weekly outlook

The 10/20/40 week cycles are synched to the upside.  Expect 2-3 weeks of recovery in stock prices.

GL Traders