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

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

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

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

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

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