Friday, November 23, 2018

Nov 25, 2018 weekly outlook

Appears one up  leg to form a "W"  pattern (slight) dip first?)


Good luck traders

Saturday, November 17, 2018

weekly outlook nov 19, 2018

I expect some decline first part of the week and a turn up by end of week if we see a "W" that appears to be forming.



Good luck traders.

Monday, November 12, 2018

Nov 2018 outlook

expecting sell off to indicate possible "W" formation by late Nov or early  Dec???
Other outcomes might test  the February lows.  Potential Elliott Wave formation possibly now into a down phase.


     GL traders

Monday, October 29, 2018

Oct 29, weekly outlook

Market goes up one day, down the next or up in the morning  and down in the afternoon...…  You get the picture.



Sine waves do UP and DOWN better  than circles.
Good luck traders  -  you may need it.

Saturday, October 20, 2018

Week of Oct 22 outlook

Could we see new highs?  Maybe, but put your rally cap on and prepare to raise some cash as the market is likely to rally and then pull back.  Time to change strategy and sell the rallies and be very careful if/when buying the dips.  Cycles are starting to sync  to the up side.

GL traders


Monday, October 15, 2018

Weekly outlook - Oct 15, 2018

Should see some recovery as shorter cycles sync to the upside.  Reminds me of Oct 2008 as we had moves of  up/down during the day of more than 1%  (both up and down the same day).


GL traders

Monday, October 8, 2018

weekly outlook for oct 8, 2018

5 week cycle bottoms mid week, and then by late week 5, 10, 20 week cycles synced  to move up.


Lot  of  "crap" comments.  Do I need to block comments?  I will if all these comments promoting FOREX continues.

You want to support FOREX start your own blog.

Good luck traders

Update  10/11/2018

looking at yesterday's action.  Appears 5 week, 2.5 week, 1.25 week short cycles bottomed together (happens every 5 weeks (making 5 week cycle to appear dominant).





Saturday, September 29, 2018

Month Oct 2018 outlook

Short term - into mid month the 5 week cycle should bottom around Oct 13.  As the 5 week cycle bottoms the 10 week cycle should top - making any pull back moderate.   The final 2 weeks of October the  20 week cycle and 5 week cycle are up as the 10 week cycle pulls back from the mid month top. 

Saturday, September 22, 2018

weekly outlook Sept 24, 2008

I stated last week that the week probably be an up week.  That proved to be the case.  This week the 5 week cycle has topped and will be  down by week end.  The 10 and 20 week cycles are up.  So I expect the week to be up, but less than the past week.

Take a look:

 
 
GOOD LUCK TRADERS

Saturday, September 15, 2018

weekly outlook Sept 17, 2018

Any student of cycles understands that cycles do not always fit the assumed  length.   If it is a long cycle of several months a variation of  length (short or long) may be of small consequence.  Whereas one or two days may be significant for a short cycle.  As a result it may be necessary to adjust bottom pivot points so charts more closely match past movement....

For short cycles medium length cycles provide the  frame for shorter cycles  (20 weeks divides in to two 10 week cycles and 4 five week cycles.  So changing the bottom pivots of the 20 week cycle  changes pivots of the 10 week and 5 week cycles.  To sum it up:  without expensive tools these changes are made using the ole "eyeball".  And the "eyeball" is imperfect.

Two longer cycles (10 and 20 weeks) are up.  5 week cycle tops mid week.  probably up week  (could be sideways).



 


GL traders.