Friday, January 4, 2019

Jan 07, 2019 weekly outlook

The 10/20/40 week cycles are synched to the upside.  Expect 2-3 weeks of recovery in stock prices.

GL Traders

Saturday, December 29, 2018

Dec 31, 2018 weekly outlook

Week ended definitely appears to have made a bottom.  If so. the next  minor bottom  should  be in early February (5 week cycle bottom). Then 5 and 10 week cycles  bottom mid March.  Opinion subject to change if data dictates:



Have a profitable 2019

Thursday, December 27, 2018

Saturday, December 22, 2018

Dec 24, 2018 weekly outlook

Appears we have made an ICL (Intermediate Cycle Low).  I shifted the cycles to more closely match the data (as I interpret it.).  Also RSI broke below "over sold" level.

Enjoy the holidays!!

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