Friday, December 14, 2018

weekly outlook Dec 17, 2018

10 week cycle seems to be controlling the trend of the market (in down half of cycle).  SANTA CLAUSE rally seems questionable.  Maybe we get a NEW YEAR rally??


GL traders

Friday, December 7, 2018

Weekly outlook Dec 10 2018

The expected "W" pattern completed Monday and then the market fell the remainder of the week.   For the year (so far) the market fell into negative territory for 2018.  Needs to fall a bit more to break the February low.

I believe new lows are likely as the 10 week cycle seems to be strong and if we are to  get a Santa Claus rally it needs to start soon.

GL Traders


 

Saturday, December 1, 2018

Dec03spx2018

The "W" pattern I have anticipated is almost completed,  The  40 week (9 month) and 20 week (4 1/2 month ) cycles are up.  The 10 week cycle is topping and turning down.  Will the 10 week cycle be strong enough to not only counter the long cycles, but also set new lows?


GL traders

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).