Monday, November 5, 2012

November 2012 outlook

Based on the swing cycles (22TD or lunar cycle - 28.4 calendar days, and the 33-35TD cycle) it appears that the market should show some upside the first couple of weeks of November (green shaded area) and down the second half of November (orange shaded).  Some speculate given an eclipse in mid November we could see a cycle inversion associated with that eclipse.  We will see...

So I would take some profits on your inverses (Russell up 4-5% from where I suggested you get into inverses) and maybe buy an equal $ amount of  the Russell Index ETF with the intent to switch back in mid November.

I estimate the S&P index will go up 4% or so over the next 2 weeks.  Here is a visual:

GL traders - have a profitable November.

update 11/07/2012:
longer cycles bottoming end of Dec???

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