The market doesn.t seem to want to pull back. A 10% (250 S&P points) would be a moderate pull back, but someone is not reading my charts. LOL - chart below
Also the Siderograph chart is projecting an Aug 18 bottom:
GL traders
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, July 30, 2017
Sunday, July 23, 2017
weekly outlook for July 24, 2017
Still time for a sharp sell off into the cycles nested bottom. Keep a lookout for a trigger.
GL traders
GL traders
Sunday, July 16, 2017
Sunday, July 9, 2017
July 10, 2017 weekly outlook
As we move closer to a nesting bottom it appears that the nesting may occur by early August. This is sooner than previously thought.
during the next week I expect some weakness first part of week and an attempted rally latter part of the week.
GL traders
during the next week I expect some weakness first part of week and an attempted rally latter part of the week.
GL traders
Sunday, July 2, 2017
outlook week of July 3, 2017
Several longer cycles appear to be heading for a "nested" bottom in August or Early September?
GL traders
GL traders
Wednesday, June 28, 2017
July and August 2017 outlook
We all know that at some point the market corrects. Appears multiple cycles bottom (nested bottoms) late August or early September. That should lead to a market down turn. Note: That markets generally spend less time going down than going up, so any pull back could be short and nasty. I recall reading that markets generally spend about 25% or less of a cycle span going down.
GL
GL
Sunday, June 25, 2017
June 26, 2017 weekly outlook
A change to look at shorter trading cycles.
Even shorter time cycles:
When trading shorter time periods moves are generally 2-3% or less. If done often enough successfully these small gains can be substantial over several months.
GL traders
Even shorter time cycles:
When trading shorter time periods moves are generally 2-3% or less. If done often enough successfully these small gains can be substantial over several months.
GL traders
Thursday, June 22, 2017
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.
GL traders
GL traders
Sunday, June 11, 2017
June 12, 2017 outlook
Cycles become even more extended (right translated). How long can this continue? Best guess is not much longer. Looks like the Elliott Wavers expecting a top soon.
GL traders
GL traders
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