Expect the month of Sept to show a downward bias as the dominant cycles (4.5 and 9 months) control the bias of the market. Also, there is an election and surprises in that arena could have short term impacts on the market.
GL traders
Thursday, September 1, 2016
September outlook 2016
September is on the downside of the nine month cycle. The 4.5 month cycle has topped and turned down (dominant). The longer 18 month cycle is up along with the shorter 5 and 10 week cycles.
Expect the month of Sept to show a downward bias as the dominant cycles (4.5 and 9 months) control the bias of the market. Also, there is an election and surprises in that arena could have short term impacts on the market.
GL traders
Expect the month of Sept to show a downward bias as the dominant cycles (4.5 and 9 months) control the bias of the market. Also, there is an election and surprises in that arena could have short term impacts on the market.
GL traders
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Where do you see the Spx come 11--115
ReplyDelete1950 ?? If you have 1 guess
May depend on who wins the election.... 1975 or less???
Deletewhat makes the 4.5-month cycle more dominant than the other cycles?
ReplyDeleteTwo things influence the impact of a cycle. Time and average daily amplitude. Even though on any given day a shorter (or longer) cycle may have a larger impact than a dominant cycle over time if the daily amplitude is large enough the cycle will dominate.
ReplyDeleteLook at the charts and see which cycle gives you a more visible/deeper (usually) bottoms. Over time a cycle can lose dominance if the average daily amplitude decreases or another cycle's daily amplitude increases. Usually the "eyeball" is sufficient to determine dominance.