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