Friday, December 29, 2017

Year end 2017 and Jan 2018

At the end of the year trend lines show a top developing (SP500).  This should be the 9 month cycle top  (time to sell?).  The chart shows 18 month time frame (1/3 of a 54 month cycle referenced often by JM Hurst's  cycle analysis).


The VTLs  (Valid Trend Lines)  often mark tops/bottoms for prices (provide support or resistance). 
It takes two points top or bottom to identify a trend line.  See how  the 3 points fall on the trend line....

The FLD is the length of a cycle shifted right 1/2 the cycle length.  I have placed an envelope around the  FLD (Future Line of Demarcation) shifted right to match  the FLD.  The  envelope lines marks price targets.  FLD is another tool used by JM Hurst .

Price crossing FLD from below is a "buy" signal.  Price crossing FLD from above  is a "sell" signal.  This is the basics, but do some research for more a detailed discussion.   For example - using multiple FLDs (cycles) to identify more frequent trading points.

GL traders



Saturday, December 16, 2017

Dec 18, 2017 weekly outlook

5 week cycle has now turned down.  Three cycles (20 week, , 10 week, 5 week) are down.  9 month cycle still up but nearing a top).  Expect 3 down cycles to result in a top and a down turn within next 2 weeks.
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GL traders

Sunday, December 10, 2017

Dec 11, 2017 weekly outlook


Minor up/down over the week.  Daily volatility could be considerable.

Good luck traders

Monday, November 27, 2017

Saturday, November 18, 2017

Nov 20, 2017 weekly outlook

Shorter cycles nested bottom appears to be complete as Thursday up move showed.  Expect sideways to up over next 5 weeks or so  as cycles 10 weeks or shorter dominate  The 20 week cycle should turn down so there is down side pressure from this longer cycle  (giving some sideways movement)..



GL traders

Longer term cycles UPDATE:


GL traders

Saturday, November 11, 2017

Nov 13, 2017 weekly outlook

SPX Circle cycle chart showing topping for 20 week cycle  as 10 week and 5 week cycle bottoms (nests -- implies shorter 2 1/2 week cycle bottoming also).

 


GL traders

Sunday, November 5, 2017

Weekly outlook Nov 6, 2017


2.5 week cycle down.  5 week cycle topping week of Nov 11 as 2.5 week cycle bottoms.


 

GL traders

Monday, October 30, 2017

Oct 30, 2017 outlook

 
20 week cycle moving down (should be dominant cycle)


GL traders

Saturday, October 14, 2017

Oct 16, 2017 weekly outlook

Ten week cycle is down.  5 week cycle should top during week and turn down.



GL traders