Year end 2017 and Jan 2018

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

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.
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GL traders

Dec 11, 2017 weekly outlook

Minor up/down over the week.  Daily volatility could be considerable.

Good luck traders

Dec 04, 2017 weekly outlook

sideways for the week?

GL traders