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
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.
Friday, December 14, 2018
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
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
GL traders
Friday, November 23, 2018
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.
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
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.
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
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).
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).
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