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.
Sunday, February 19, 2017
Weekly outlook for Feb 21, 2017
9 month cycle: 2-3 weeks up to top in early March. 5 week cycle: up. 10 week cycle: topping and turning down by end of week. Market continues slow ascent for next 4 trading days (upside bias).
TSI has reached a level at which a correction is possible in the near future (early March?)
GL traders
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sempre ottima la tua analisi...grazie
ReplyDeletealways good your analysis ... thanks
DeleteÈ possibile utilizzare Google translate per tradurre in inglese