No new highs Monday, but appears longer cycles now taking over and pushing market down as shorter cycles offset:
Sunday, June 9, 2013
outlook week of june 10 2013
The shorter cycles offset again this week. But, the longer cycles should turn down no later than mid week. So maybe a bit of a push up early week and a fade by mid week. Overall for the week though sideways with the possibility of some minor loss by market close Friday.
No new highs Monday, but appears longer cycles now taking over and pushing market down as shorter cycles offset:
Update Friday noon EDT:
No new highs Monday, but appears longer cycles now taking over and pushing market down as shorter cycles offset:
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Inlet,
ReplyDeleteOverall, do you feel June will be a down month for the markets? The Financial Sense radio show felt that the correction may already be over.
Doc - if the longer cycles (1/3 Kitchin and Wall) perform as expected I expect some sell off Jun/Jul and 1st half of Aug. How much is the bigger question.
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