Saturday, January 30, 2016

Feb 1, 2016 outlook

An intermediate cycle low may have been reached  this past week (2-4 weeks earlier than projected).  If so I will need to make adjustments to my placement of cycles...  Time will tell.  So be aware we may have had an intermediate cycle bottom around the third week of January.  For now I am still expecting another bottom by/after mid February (and this is how I display it on my charts).


GL traders

For day traders:

Friday, January 22, 2016

Jan 25, 2016 weekly outlook

Three of 4 cycles down on chart.  Also longer cycles (3 1/2 and 7 years) set to bottom in about 6 weeks.  Past week ended up as 2 shorter cycles managed to overcome down side pressure.  Expect the sell down to resume next week (and continue past that until longer cycles bottom).  We have a lot of down and up volatility to trade.

So far have managed to do OK with short term trades in 2016. Past week was not great, less than 1% gain, but have a small position at week end in RWM that I feel positive about. 

Short term charts to help short trades:



Good luck traders


Thursday, January 21, 2016

Tuesday, January 19, 2016

Jan 19, 2016 weekly outlook

A four day week, relax Monday because no market meltdown in the USA. 

Appears we may have a couple more down days as we get a short  cycle bottoming and given a market that seems to want to fall doesn't take a lot of down side pressure to take the market down.

Notice the longer cycles are down and will not bottom until around the end of February - almost 7 years from the bottom in 2009 (7 year cycle):

GL traders.

For Day trading:


Good Luck day  traders

Thursday, January 14, 2016

Jan 11, 2016 weekly outlook

Several longer cycles should bottom by around mid-February.  This is not a new projection, but this past week's market action seems to support this ....   Time will tell.  After 5 days of very negative market action one or two positive days next week are likely  as the 5 week cycle tops, but no up trend of multiple days seem likely.  (NOTE yearly outlook posted first of year)

Good luck traders

Short cycles for day traders:
Thurs Jan 14, 11:00 AM charts:

Good trading

Monday, January 4, 2016

Weekly outlook Jan 4, 2016

Appears that Wed/Thur started a short term down turn (2-3 days.  But if we get a mid week bottom expect a sideways week.

I am including a short cycle chart for those like to trade more often.  Cycles running about 6 hours, possibly buy the open Monday for a 1-2 day trade.  Expect a 1-2% profit.

Good luck 2016...