Week ended definitely appears to have made a bottom. If so. the next minor bottom should be in early February (5 week cycle bottom). Then 5 and 10 week cycles bottom mid March. Opinion subject to change if data dictates:
Have a profitable 2019
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.
Saturday, December 29, 2018
Thursday, December 27, 2018
Saturday, December 22, 2018
Dec 24, 2018 weekly outlook
Appears we have made an ICL (Intermediate Cycle Low). I shifted the cycles to more closely match the data (as I interpret it.). Also RSI broke below "over sold" level.
Enjoy the holidays!!
Enjoy the holidays!!
Friday, December 14, 2018
weekly outlook Dec 17, 2018
10 week cycle seems to be controlling the trend of the market (in down half of cycle). SANTA CLAUSE rally seems questionable. Maybe we get a NEW YEAR rally??
GL traders
GL traders
Friday, December 7, 2018
Weekly outlook Dec 10 2018
The expected "W" pattern completed Monday and then the market fell the remainder of the week. For the year (so far) the market fell into negative territory for 2018. Needs to fall a bit more to break the February low.
I believe new lows are likely as the 10 week cycle seems to be strong and if we are to get a Santa Claus rally it needs to start soon.
GL Traders
I believe new lows are likely as the 10 week cycle seems to be strong and if we are to get a Santa Claus rally it needs to start soon.
GL Traders
Saturday, December 1, 2018
Dec03spx2018
The "W" pattern I have anticipated is almost completed, The 40 week (9 month) and 20 week (4 1/2 month ) cycles are up. The 10 week cycle is topping and turning down. Will the 10 week cycle be strong enough to not only counter the long cycles, but also set new lows?
GL traders
GL traders
Friday, November 23, 2018
Saturday, November 17, 2018
weekly outlook nov 19, 2018
I expect some decline first part of the week and a turn up by end of week if we see a "W" that appears to be forming.
Good luck traders.
Good luck traders.
Monday, November 12, 2018
Nov 2018 outlook
expecting sell off to indicate possible "W" formation by late Nov or early Dec???
Other outcomes might test the February lows. Potential Elliott Wave formation possibly now into a down phase.
GL traders
Other outcomes might test the February lows. Potential Elliott Wave formation possibly now into a down phase.
GL traders
Monday, October 29, 2018
Oct 29, weekly outlook
Market goes up one day, down the next or up in the morning and down in the afternoon...… You get the picture.
Sine waves do UP and DOWN better than circles.
Good luck traders - you may need it.
Sine waves do UP and DOWN better than circles.
Good luck traders - you may need it.
Saturday, October 20, 2018
Week of Oct 22 outlook
Could we see new highs? Maybe, but put your rally cap on and prepare to raise some cash as the market is likely to rally and then pull back. Time to change strategy and sell the rallies and be very careful if/when buying the dips. Cycles are starting to sync to the up side.
GL traders
Monday, October 15, 2018
Weekly outlook - Oct 15, 2018
Should see some recovery as shorter cycles sync to the upside. Reminds me of Oct 2008 as we had moves of up/down during the day of more than 1% (both up and down the same day).
GL traders
GL traders
Monday, October 8, 2018
weekly outlook for oct 8, 2018
5 week cycle bottoms mid week, and then by late week 5, 10, 20 week cycles synced to move up.
Lot of "crap" comments. Do I need to block comments? I will if all these comments promoting FOREX continues.
You want to support FOREX start your own blog.
Good luck traders
Update 10/11/2018
looking at yesterday's action. Appears 5 week, 2.5 week, 1.25 week short cycles bottomed together (happens every 5 weeks (making 5 week cycle to appear dominant).
Lot of "crap" comments. Do I need to block comments? I will if all these comments promoting FOREX continues.
You want to support FOREX start your own blog.
Good luck traders
Update 10/11/2018
looking at yesterday's action. Appears 5 week, 2.5 week, 1.25 week short cycles bottomed together (happens every 5 weeks (making 5 week cycle to appear dominant).
Saturday, September 29, 2018
Month Oct 2018 outlook
Short term - into mid month the 5 week cycle should bottom around Oct 13. As the 5 week cycle bottoms the 10 week cycle should top - making any pull back moderate. The final 2 weeks of October the 20 week cycle and 5 week cycle are up as the 10 week cycle pulls back from the mid month top.
Saturday, September 22, 2018
weekly outlook Sept 24, 2008
I stated last week that the week probably be an up week. That proved to be the case. This week the 5 week cycle has topped and will be down by week end. The 10 and 20 week cycles are up. So I expect the week to be up, but less than the past week.
Take a look:
Take a look:
GOOD LUCK TRADERS
Saturday, September 15, 2018
weekly outlook Sept 17, 2018
Any student of cycles understands that cycles do not always fit the assumed length. If it is a long cycle of several months a variation of length (short or long) may be of small consequence. Whereas one or two days may be significant for a short cycle. As a result it may be necessary to adjust bottom pivot points so charts more closely match past movement....
For short cycles medium length cycles provide the frame for shorter cycles (20 weeks divides in to two 10 week cycles and 4 five week cycles. So changing the bottom pivots of the 20 week cycle changes pivots of the 10 week and 5 week cycles. To sum it up: without expensive tools these changes are made using the ole "eyeball". And the "eyeball" is imperfect.
Two longer cycles (10 and 20 weeks) are up. 5 week cycle tops mid week. probably up week (could be sideways).
GL traders.
For short cycles medium length cycles provide the frame for shorter cycles (20 weeks divides in to two 10 week cycles and 4 five week cycles. So changing the bottom pivots of the 20 week cycle changes pivots of the 10 week and 5 week cycles. To sum it up: without expensive tools these changes are made using the ole "eyeball". And the "eyeball" is imperfect.
Two longer cycles (10 and 20 weeks) are up. 5 week cycle tops mid week. probably up week (could be sideways).
GL traders.
Saturday, September 8, 2018
Sept 10, 2018 weekly outlook
UPDATE Bitcoin chart:
GL Traders
Thursday, August 30, 2018
sep 2018 outlook
Will move up continue?
.
Longer cycle up, 2 shorter cycles up. Almost time for a pause by mid September
Sine chart same information as circle chart. Just a matter of preference:
GL traders
.
Longer cycle up, 2 shorter cycles up. Almost time for a pause by mid September
Sine chart same information as circle chart. Just a matter of preference:
GL traders
Saturday, August 25, 2018
August update - aug 27
2 cycles ready to turn down, but longer cycle up still. see for your self :
Good luck traders
RSI indicator warning of top and turn down soon (over 60)
Good luck traders
RSI indicator warning of top and turn down soon (over 60)
Saturday, August 18, 2018
August update (aug 20, 2018)
My last update I suggested that August would see an "up" move by the market. The market may stall last week and half of August. Here is a view:
GL traders
GL traders
Saturday, August 11, 2018
August 2018 outlook
For swing trading focus on shorter cycles of 5 weeks or less. If you focus on 3-5 stocks with different cycle periods you may get 3-5 trades per month. Like this example with 5 week cycles:
Appears market should advance thru mid August and pull bac last half of August.
For day trading you will want short cycle periods of say 8 Hours +/-2 hours. Like this example:
GL traders
Appears market should advance thru mid August and pull bac last half of August.
For day trading you will want short cycle periods of say 8 Hours +/-2 hours. Like this example:
GL traders
Saturday, July 28, 2018
weekly outlook July 30, 2018
I try to show you different ways to analyze cycle movement. RSI can be useful in locating price highs or lows. High RSI (70ish) can indicate a sell zone (price getting extended) or a low RSI (30ish) can indicate a buy zone. NOTE: these are indicators and not ABSOLUTES.
GL traders
GL traders
Sunday, July 22, 2018
July 23, 2018 - weekly outlook
5 week cycle down and should bottom late July or early August.
RSI near 70 topping (negative)
GL traders
Thursday, July 19, 2018
Saturday, July 14, 2018
July 16, 2018 weekly outlook.
Probably will see indexes at new highs during the week.
10 week cycle nearing mid cycle high (which should lessen upside momentum). Week just ended at or near highs.
10 week cycle nearing mid cycle high (which should lessen upside momentum). Week just ended at or near highs.
Saturday, July 7, 2018
Week of July 9, 2018 outlook
As I said last week: May be a volatile week, with week ending positive push.
The coming week should show some upside into mid week.
GL traders
Monday showed upside.....
Tuesday showed upside (R2K didn't)….
Requested "bitcoin" chart:
The coming week should show some upside into mid week.
GL traders
Monday showed upside.....
Tuesday showed upside (R2K didn't)….
Requested "bitcoin" chart:
Friday, June 29, 2018
weekly outlook July 2, 2018
Short cycle bottoms before week end? Longer cycles gaining some upside momentum. End of month, end of quarter.... May be a volatile week with week ending positive push.
Happy 4th traders
Happy 4th traders
Saturday, June 23, 2018
June 25, 2018 weekly outlook
Longer circles are advancing. 5 week circle down. Prior week struggled for a gain - the small cap indexes out performed. The DOW did poorly for the week.
Close call (up or down) for the week...…
GL traders
Update - short cycle in control - should turn up soon?
Week end update - gapped down Monday, side ways couple of days and finished week on up move. Not a lot of change SnP 500 for the week as short cycle continues to offset longer cycles.
Call for week close to actual movement for week.
Close call (up or down) for the week...…
GL traders
Update - short cycle in control - should turn up soon?
Week end update - gapped down Monday, side ways couple of days and finished week on up move. Not a lot of change SnP 500 for the week as short cycle continues to offset longer cycles.
Call for week close to actual movement for week.
Friday, June 15, 2018
Weekly outlook week of June 18, 2018
Week just ended was much as expected (sideways). Still a gap to be filled? Shorter cycle (5 week) topping. Other cycles shown going up. Triangle still present. Should see some advance, but may be a struggle.....
GL traders
GL traders
Saturday, June 9, 2018
weekly outlook June 11, 2018
I told you last week to expect an upside move for the week. That is what we saw. Circle cycles moving up...……
The cycles continue up for this week but we have a gap up that needs to be filled by a pull back. Also there is an up sloping triangle and this often precedes a pull back. The week should be up, but the week is less clear than the week just ended. Side ways is possible.
Good luck traders
The cycles continue up for this week but we have a gap up that needs to be filled by a pull back. Also there is an up sloping triangle and this often precedes a pull back. The week should be up, but the week is less clear than the week just ended. Side ways is possible.
Good luck traders
Saturday, June 2, 2018
June 4, 2018 weekly outlook
The first 5 months of 2018 ended with the DOW and SnP500 indexes flat. The Russell 2000 fared better. Appears multiple cycles bottomed this past week. So June should fare better with the fist full week of June being up.
Bonus chart - remainder of 2018 -
GL traders
Bonus chart - remainder of 2018 -
GL traders
Friday, May 25, 2018
May 28, 2018 weekly outlook
Nested envelopes indicate top formed .... Sell?
Meta Sine wave turned down and should bottom within 5-6 trading days. Past week with short cycle down and longer cycles up gave a sideways move. The week was sideways. So far 2018 has been sideways.
Monday, May 14, 2018
May 14, 2018 weekly outlook
Hurst cycles
Shorter cycles keep whipsawing up and down. Expect a short term top during the last half of the week.
Tuesday, May 8, 2018
Nested envelopes for cycles
Most of my posts use semi-circles to show cycles. On April 1 I showed you the use of "sine" waves as an alternative way to show cycles.
Bit, there are other ways to visualize cycles. Lots of people like Moving Averages (MAs) to analyze price movement. We can use envelopes (based off MA offset above and below MA). Time shifting 1/2 the cycle span centers the envelope. To extract maximum information we nest cycle envelopes.
Here is an example - Russell 2000 Index:
Note difference in MA lengths (20 and 40 days), time shifted (10 and 20 days) (2.5 and 3 deviations from MAs which are not shown)
Good Luck traders
Bit, there are other ways to visualize cycles. Lots of people like Moving Averages (MAs) to analyze price movement. We can use envelopes (based off MA offset above and below MA). Time shifting 1/2 the cycle span centers the envelope. To extract maximum information we nest cycle envelopes.
Here is an example - Russell 2000 Index:
Note difference in MA lengths (20 and 40 days), time shifted (10 and 20 days) (2.5 and 3 deviations from MAs which are not shown)
Good Luck traders
Friday, April 27, 2018
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