Saturday, April 13, 2019

Weekly outlook April 15, 2019

The market keeps pushing higher with difficulty.  I had opined some 3-4 weeks ago that it appeared a right translated cycle was developing (top past half cycle).  The SP500 is about 20 points below a new high....  and we have a right translated top  so we may get earnings disappointment this week and a pull back (at least  that is my opinion)



Good luck traders
Posted by at

3 comments:

  1. AnonymousApril 14, 2019 at 5:10 AM

    Thank you. What do you mean we have a right translated top?

    ReplyDelete
  2. InletApril 14, 2019 at 11:15 AM

    Example (right translated). 10 week cycle and the left side up is 6 weeks and the right side is down 4 weeks. The top is past half the cycle (6 weeks) or right translated.

    ReplyDelete
  3. Love your blogApril 14, 2019 at 6:24 PM

    Sincerely thank you for your info, I found cycle count is quite helpful if looking at bigger picture.

    ReplyDelete

Subscribe to: Post Comments (Atom)