May 27, 2019 outlook

The 40 week (9 month) cycle has topped and turned down, but lacks downside momentum.  The 20 week, 10 week, and 5 week cycles have bottomed and turned up.  Therefore I would expect sideways to slightly up/down as the cycles play against each other near term until the 40 week cycle gains more downside  pressure.

See for yourself:

GL Traders

Weekly outlook May 20, 2019

Dow Jones Industrial  Average showed a mid cycle (40 weeks cycle) dip.  I had projected May 15 as a dip bottom.  Appears bottom was  May 13....

With the ups and downs as the 40 week cycle topped  hard to not lose money,  My only gains were some CDs paying interest and some dividends.  Stock gains were  mainly missing.

As stocks gain downside momentum looks like "sell in May and go away " may be good advice.  I have $150k in CDs and bonds  (bond funds).  Also about $200k in an IRA annuity.  Only about $20k in equities.  May trade a little around the edges June to August.

GL traders

May 8 2019 - longer term outlook

Here is the 40 week half cycle down time line:

 

 

GL traders

May 13 update (positive signals):

May 06, 2019 outlook

Chart is weekly chart.  Appears we got a 40  week mid cycle down Wed-Thur.

 Now 40 week cycle (9 months) turning down as 20 week and 10 week cycles turn up...….

 

GL traders