Friday, January 25, 2019

Jan 28, 2019 weekly outlook

RSI is often used for buy/sell signals (under 30 oversold - buy, over 70 over bought sell).  But the time between signals can be longer than desired.  (So the STOCHRSI was developed.  See for yourself. Over 0.8 sell, under 0.2 buy )  Top of chart is RSI and bottom is STOCHRSI.

Hope you find this useful.  GL Traders

Friday, January 18, 2019

Jan 21, weekly outlook

The 10  week cycle nearing a top.  This cycle has had good thrust in the recent past.  Watch the RSI (lower part of chart) - 70 is over bought and normally indicates a top.

Take a look.....

GL Traders

Monday, January 14, 2019

ideal cycles

How do I choose cycles for display?  The 10 week,  20 week, and 40 week (often called 9 month cycle) is a group of cycles identified by JM Hurst in his work (Google him for lots more info).  I did not just randomly choose them.  The 20 week  (100 day) cycle is called the Wall cycle after a person named Wall.

Take a look:

Now look at a chart with data:


  Hope this  informs you as to my method of selecting cycles (I cheat LOL)

GL traders

Friday, January 11, 2019

Friday, January 4, 2019

Jan 07, 2019 weekly outlook

The 10/20/40 week cycles are synched to the upside.  Expect 2-3 weeks of recovery in stock prices.

GL Traders