Week of Dec 26, 2015 outlook

I said last week: "10 week cycle near top and should turn down in coming week.  I expect some weakness into Christmas".  Still under 20k on the Dow as we got some down days in the week.  So my expectations were fulfilled.

It appears the 10 week cycle did top and turned down.  That down pressure from the 10 week cycle should continue into the new year.  Some may be holding off taking profits until January since Trump has promised reduced taxes.  We'll see soon.

 

Have a pleasant week and happy New Year.

Dec 29 - UPDATE

FLD (line) touched from above, Potential sell off...

Dec 19, 2016 weekly outlook

Less upside than I thought probable (DOW fell just short of 20K).  10 week cycle near top and should turn down in coming week.  I expect some weakness into Christmas.

Last week TSI showed a buy (green arrow), that has now reversed to a sell (red arrow).

Merry Christmas traders

$gold 2017

Outlook for gold in 2017.  Bottoms in early 2017 and then some upside.....

GL gold bugs

Dec 13, 2016 weekly outlook

Seems my charts may be off  (early bottom  by 2+ days).  Should know  by end of next week. 
Cycles should be up for the coming week.

Gl traders

 

 

 

 

 

2017 outlook

First the Bradley Siderograph:

1. standard window = week *after* the Bradley date: Most index turns (about P=80%) come late, i.e. in the week after the Bradley date. This is part of the end times phenomenon where ‘everything is delayed’, consistently observed since 2013. Reason: the battle of the powers of light & darkness (Armageddon), which are in a kind of deadlock. So the (new)standard window is the week *after* the Bradley date, the extended window is +/- 1 week.

2. polarity reversals: Most of the big Bradley turns (some P=80%) produce the *opposite* polarity in the indices, i.e. an important Bradley high usually becomes a stock index low.

 

Then cycle circle chart for 2017:

 

Happy New Year

Dec 5, 2016 weekly outlook

 I said last week "I expect a sideways market, odds may slightly favor a down week.". What happened?  DOW Industrials up about .1% (slight gain), SnP500 down about 1%, small cap R2K down about 2%.  Overall sideways with a down bias.   I think my call was close to market action.

This week the 5 week cycle should bottom by around mid week and turn up,  So for the week the market moves sideways with highs at the beginning or end of the week and lows mid week. Remember the other cycles are up so odds are the high will be end of the week, but the trend for the week is primarily sideways.

GL traders

Nov 28, 2016 weekly outlook

Market continued advance.  As I said last week  " but still potential upside bias for the week as 5 week  cycle tops)".  Looks like the TSI may be topping and may roll over next week.  Remember the short 5 week cycle should be retreating (down) this upcoming week.  I expect a sideways market, odds may slightly favor a down week.

GL traders

Update Monday Nov, 28

 

Nov 21, 2016 weekly outlook

I said last week: "As of now I am assuming the market bottomed and turned.  Given the new high in the DOW, highs in other indexes seem probable.  Still given the amount of movement up last week a pause next week would be possible before week end." 

Highs most indexes, but SnP500 was about 4 points shy of a new high.  By mid/end of week the market was losing upside momentum (as expected).  R2K out performed as focus was on smaller companies with little foreign exposure (Think Trump and potential tariffs of companies with none USA business).

Next week we have the 5 week cycle topping (upside momentum slowed, but still potential upside bias for the week as 5 week  cycle tops).

 

 

GL traders

Italy ETF

GDX - Gold miners

 

Nov 14, 2016 weekly outlook

The one sure thing in the market is often it gives you  unexpected moves.  I said last week: "Election on Tuesday next week.  So it seems we have a setup for a potential BIG down day first two days next week."  Well that was almost right except we got a BIG down at night.  Election night there was a BIG move down (700 points or so in DOW futures).  I do not have an account to trade futures  so I was screwed.  From what I understand this was mainly foreign trading.

Come morning at the market open in the USA the BIG down was gone.  the market  spent Wednesday soaring. Continued the week going up (mostly).

  I said  "I will be watching closely for a bottom and pivot upwards."   No time to consider the turn in the market. Another miss because I was not fast enough.

I said "May buy a position in IWM if it looks like a bottom forming/formed."   Right idea but missed it.  A whole week of missing opportunities  Never been so right and wrong at the same time.

Hope you did better than I did....  At the end of the week with R2K up around 10% (RWM down 10%) I bought a few shares of RWM.

NOTE:  My chart last week was very much a bulls eye.

As of now I am assuming the market bottomed and turned.  Given the new high in the DOW highs in other indexes seem probable.  Still given the amount of movement up last week a pause next week would be possible before week end.

GL traders

Weekly outlook for Nov 7, 2016

Nine days in a row down.  Some support levels broken and week closed below those levels. 

Election on Tuesday next week.  So it seems we have a setup for a potential BIG down day first two days next week. 

Next week I sell my RWM (Russell 2000 Inverse ETF) position.  I will be watching closely for a bottom and pivot upwards. 

May buy a position in IWM if it looks like a bottom forming/formed.  Could take until around Thanksgiving  (2 weeks or so)  for that bottom to confirm....

GL traders