NOTE: Most recent circles are red....
GL traders
Saturday, March 23, 2019
March 25, 2019 weekly outlook
Looks like we have topped. I had expected a top 2-3 days earlier, but cycles are not always exact. Be ready to take what the market gives you. you should have raised cash this past week and be ready to buy trading position around third week of April.
green circles = BUY, red circles = SELL
NOTE: Most recent circles are red....
GL traders
NOTE: Most recent circles are red....
GL traders
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A good to read blog with precise and necesary details into it. Really enjoyed complete reading and grabing valuable information inside. Even the language is simply and offers easy to read manner approach. Thank you for sharing such an important information.
ReplyDeletePlay set Installation
what I think is interesting Inlet is the down moves beginning nearly identical on the 40 week down leg.....that is worth watching
ReplyDeleteseems like market could go higher even now based on previous 40 weeks...
short answer - "cycles NEST"
DeleteThe last 40 week cycle bottom was Christmas Eve. 9 months is 39 weeks - so the top of the 40 week cycle is 4 1/2 months from that and is mid May. So for now I focus on shorter cycles (10 week or 5 week cycles for swing trades). The 20 week cycle bottoms as the 40 week cycle tops. Most technicians refer to this as a mid-cycle pull back.
ReplyDeleteI believe this is in sync with what you are referencing.