Saturday, December 15, 2012

December 2012 update II

The downside of the 22TD cycle was offset more than I expected by the 34TD cycle upside.  We ended up mixed with the S&P and DOW down.  In the coming week it appears the 34TD cycle turns down and the 22TD cycle up (offsetting each oter to a great extent).

I have reviewed the longer cycles based on current data and made some shifts.  The Wall Cycle (141 calendar days, about 102 TDs, 4 5/8 months) appears to be running long (5+ months).  This implies the kitchen cycle is running long also (46-48 months) and the 1/3 kitchin cycle is 15+ months (3 X Wall cycles).

After this review I have attempted to show this visually:

And the longer cycles (less cluttered):


 It appears we may have seen our rally for December and a sizable selloff over the next 4-6 weeks.  Time will tell.

GL, happy trading and Merry Christmas.

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