At the end of the year trend lines show a top developing (SP500). This should be the 9 month cycle top (time to sell?). The chart shows 18 month time frame (1/3 of a 54 month cycle referenced often by JM Hurst's cycle analysis).
The VTLs (Valid Trend Lines) often mark tops/bottoms for prices (provide support or resistance).
It takes two points top or bottom to identify a trend line. See how the 3 points fall on the trend line....
The FLD is the length of a cycle shifted right 1/2 the cycle length. I have placed an envelope around the FLD (Future Line of Demarcation) shifted right to match the FLD. The envelope lines marks price targets. FLD is another tool used by JM Hurst .
Price crossing FLD from below is a "buy" signal. Price crossing FLD from above is a "sell" signal. This is the basics, but do some research for more a detailed discussion. For example - using multiple FLDs (cycles) to identify more frequent trading points.
GL traders
Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Friday, December 29, 2017
Saturday, December 16, 2017
Dec 18, 2017 weekly outlook
5 week cycle has now turned down. Three cycles (20 week, , 10 week, 5 week) are down. 9 month cycle still up but nearing a top). Expect 3 down cycles to result in a top and a down turn within next 2 weeks.
.
GL traders
.
GL traders
Sunday, December 10, 2017
Tuesday, December 5, 2017
Monday, November 27, 2017
Saturday, November 18, 2017
Nov 20, 2017 weekly outlook
Shorter cycles nested bottom appears to be complete as Thursday up move showed. Expect sideways to up over next 5 weeks or so as cycles 10 weeks or shorter dominate The 20 week cycle should turn down so there is down side pressure from this longer cycle (giving some sideways movement)..
GL traders
Longer term cycles UPDATE:
GL traders
GL traders
Longer term cycles UPDATE:
GL traders
Saturday, November 11, 2017
Nov 13, 2017 weekly outlook
SPX Circle cycle chart showing topping for 20 week cycle as 10 week and 5 week cycle bottoms (nests -- implies shorter 2 1/2 week cycle bottoming also).
GL traders
GL traders
Sunday, November 5, 2017
Monday, October 30, 2017
Saturday, October 14, 2017
Sunday, October 8, 2017
Friday, September 29, 2017
Wednesday, September 27, 2017
Golden cycles sep 27, 2017
For Gold bugs:
cycles running about 4 days....
Sept 28 AM update
update Sep 30 (from Twitter):
David@TradingHurst @TradingHurst Sep 29
GL bugs
cycles running about 4 days....
Sept 28 AM update
update Sep 30 (from Twitter):
David@TradingHurst @TradingHurst Sep 29
GL bugs
Friday, September 22, 2017
weekly outlook sept 25, 2017
The longer cycle (charted) should have set a right translated top and decline into early Oct. Ten week, five week and 2 1/2 week (12 1/2 days) should form a nested bottom the first week of October.
GL traders
GL traders
Friday, September 15, 2017
sept 18, 2017 weekly outlook
Multiple cycles have now turned up. 5 week cycle is down and this soon from the nesting may largely offset longer cycles.
From Twitter =
David@TradingHurst @TradingHurst Sep 14
Main phasing on the $SPX presents a bullish 18 month cycle just complete. Short term a 40 day peak
is imminent.
GL traders
is imminent.
GL traders
Friday, September 8, 2017
Sep 11, 2017 weekly outlook
Shorter cycle should allow for trading, but be warned with hurricanes, war rumbles, earthquakes forest fires, etc, the market is too risky for me to play in the casino.
Updated chart Sept 13:
GL traders
Updated chart Sept 13:
GL traders
Friday, August 25, 2017
weekly outlook Aug 28, 2017
As expected the formation of a bottom is taking time, but should be about finished. If so next two weeks may see a bounce into mid September. After that some more pullback is possible (see Bradley Siderograph posted in August). Too early to make a call......
GL traders
GL traders
Friday, August 18, 2017
Sunday, August 13, 2017
Month of August 2017
Weekly chart showing longer cycles. Bottom (weekly cycles) may be in (or should be soon). Appears this correction will be 5% or less. Of course, that could change depending on Trump/NK and threats over the weekend.
Daily cycles appear to show bottom may be in but likely bottom will complete during the week.
Even shorter cycles here:
The 12 1/2 days cycle is made up of 3 4+ days cycles:
GL traders
Sunday, August 6, 2017
Weekly outlook for Aug 7, 2017
Corporate earnings looked good for the quarter. Friday's employment numbers were good. But there are also negatives as some 9,000 retail stores are set to close over the net few months (not all of this is Amazon, partially due to very skinny pay increases, or increased debt due to lots of Autos being sold last two years). And auto sales are now flat to down (not a good sign for the economy). STILL the market inches higher.
Appears we will get an extended 9 month cycle into late August or early September (at least?). But, you can never be sure about what the market will do. We could still get a 5% or more slide next week, so watch for a trigger......
GL traders
Appears we will get an extended 9 month cycle into late August or early September (at least?). But, you can never be sure about what the market will do. We could still get a 5% or more slide next week, so watch for a trigger......
GL traders
Sunday, July 30, 2017
Jul 31, 2017 weekly outlook
The market doesn.t seem to want to pull back. A 10% (250 S&P points) would be a moderate pull back, but someone is not reading my charts. LOL - chart below
Also the Siderograph chart is projecting an Aug 18 bottom:
GL traders
Also the Siderograph chart is projecting an Aug 18 bottom:
GL traders
Sunday, July 23, 2017
weekly outlook for July 24, 2017
Still time for a sharp sell off into the cycles nested bottom. Keep a lookout for a trigger.
GL traders
GL traders
Sunday, July 16, 2017
Sunday, July 9, 2017
July 10, 2017 weekly outlook
As we move closer to a nesting bottom it appears that the nesting may occur by early August. This is sooner than previously thought.
during the next week I expect some weakness first part of week and an attempted rally latter part of the week.
GL traders
during the next week I expect some weakness first part of week and an attempted rally latter part of the week.
GL traders
Sunday, July 2, 2017
outlook week of July 3, 2017
Several longer cycles appear to be heading for a "nested" bottom in August or Early September?
GL traders
GL traders
Wednesday, June 28, 2017
July and August 2017 outlook
We all know that at some point the market corrects. Appears multiple cycles bottom (nested bottoms) late August or early September. That should lead to a market down turn. Note: That markets generally spend less time going down than going up, so any pull back could be short and nasty. I recall reading that markets generally spend about 25% or less of a cycle span going down.
GL
GL
Sunday, June 25, 2017
June 26, 2017 weekly outlook
A change to look at shorter trading cycles.
Even shorter time cycles:
When trading shorter time periods moves are generally 2-3% or less. If done often enough successfully these small gains can be substantial over several months.
GL traders
Even shorter time cycles:
When trading shorter time periods moves are generally 2-3% or less. If done often enough successfully these small gains can be substantial over several months.
GL traders
Thursday, June 22, 2017
Sunday, June 18, 2017
Weekly outlook June 19, 2017
Some of the larger tech stocks starting to show some erosion (AAPL FB, etc.). Expect continuation as more stocks start to erode over the next few weeks. If you are holding consider setting stop losses.
GL traders
GL traders
Sunday, June 11, 2017
June 12, 2017 outlook
Cycles become even more extended (right translated). How long can this continue? Best guess is not much longer. Looks like the Elliott Wavers expecting a top soon.
GL traders
GL traders
Monday, June 5, 2017
outlook week of June 5, 2017
Not only is the longer (18 month) cycle "right" translated so is the 9 month cycle. A couple of short cycles up, but longer cycles should be down giving a mixed picture (this is why "right" translation ) becomes interesting.
GL traders
GL traders
Sunday, June 4, 2017
Jun-Aug outlook
Seems the longer 18 month cycle is becoming very right translated (up). There is a limit to how long that can last before it turns down. Jun-Aug could see a substantial correction (bear market??). Time will tell....
GL traders
GL traders
Monday, May 29, 2017
Outlook week of May 29, 2017
Short week. Old saying: Sell in May and go away (as summer can be boring - as if the last 3 months didn't bore us!!!
GL
update - longer term
update - longer term
Saturday, May 20, 2017
Week ahead May 22, 2017
A mini crash in the Dow Industries leaves the market as a whole trading sideways (no major pullback - yet). The coming week may see some more pullback./
GL traders
Monday, May 15, 2017
Week ahead May 15, 2017
Readers noted inconsistencies in chart posted over week end. Should refrain from posting when not feeling well. Hopefully this is a better chart.
GL traders
GL traders
Subscribe to:
Posts (Atom)