Thursday, June 20, 2019

June 21 outlook

   Lack of pullback after FOMC indicates market is not ready for pullback yet. Sometimes you get the BEAR - sometimes the bear gets you.





  
Good luck

5 comments:

  1. wow, some change in where cycles were.

    ReplyDelete
    Replies
    1. Look again. I focused more on the time span that covers data (Jan thru June). This drops off the second half of 2019 where there is no price data. I dropped the 40 week cycle. but tops and bottoms of remaining cycles (5, 10, 20 weeks) are the same in both charts.

      Delete
    2. If you find my charts confusing feel free to skip them.

      Delete
  2. China depends on others to feed its population, energy to power its economy, theft of tech to try and compete.... Sounds like a world power to me. Hehehehe It is all good. The US is now energy independent. China is not even close in agriculture. It is all good.

    ReplyDelete
  3. If you don't like it, feel free to look elsewhere!
    Inlet, thank you as always, please keep up the great work.

    ReplyDelete