Saturday, December 29, 2018

Dec 31, 2018 weekly outlook

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

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!!

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

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


Saturday, December 1, 2018


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