Cycles are a tool and should not be used to the exclusion of other tools. There is always the possibility (high probability long term) that the data will be misinterpreted or a relevant fact over looked. So use cycles to check your analysis, not as the only reason to make a decision. Interpretation is the opinion of the author and may be incorrect and should be viewed in that light.
Sunday, June 16, 2019
June 18, 2019 weekly outlook
Early week up. FED meeting could reverse market by mid week. Chart confirms this - see for yourself:
SP500 futures above 2900 prior to open.
ReplyDeleteand with 'reverse'you mean down?
ReplyDeleteDown - yes (Wednesday after 2 pm??) Careful as on FED announcement you can get whip sawed. So far behaving as expected first 2 days of week.
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