As I said last week: May be a volatile week, with week ending positive push.
The coming week should show some upside into mid week.
GL traders
Monday showed upside.....
Tuesday showed upside (R2K didn't)….
Requested "bitcoin" chart:
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.
Saturday, July 7, 2018
Friday, June 29, 2018
weekly outlook July 2, 2018
Short cycle bottoms before week end? Longer cycles gaining some upside momentum. End of month, end of quarter.... May be a volatile week with week ending positive push.
Happy 4th traders
Happy 4th traders
Saturday, June 23, 2018
June 25, 2018 weekly outlook
Longer circles are advancing. 5 week circle down. Prior week struggled for a gain - the small cap indexes out performed. The DOW did poorly for the week.
Close call (up or down) for the week...…
GL traders
Update - short cycle in control - should turn up soon?
Week end update - gapped down Monday, side ways couple of days and finished week on up move. Not a lot of change SnP 500 for the week as short cycle continues to offset longer cycles.
Call for week close to actual movement for week.
Close call (up or down) for the week...…
GL traders
Update - short cycle in control - should turn up soon?
Week end update - gapped down Monday, side ways couple of days and finished week on up move. Not a lot of change SnP 500 for the week as short cycle continues to offset longer cycles.
Call for week close to actual movement for week.
Friday, June 15, 2018
Weekly outlook week of June 18, 2018
Week just ended was much as expected (sideways). Still a gap to be filled? Shorter cycle (5 week) topping. Other cycles shown going up. Triangle still present. Should see some advance, but may be a struggle.....
GL traders
GL traders
Saturday, June 9, 2018
weekly outlook June 11, 2018
I told you last week to expect an upside move for the week. That is what we saw. Circle cycles moving up...……
The cycles continue up for this week but we have a gap up that needs to be filled by a pull back. Also there is an up sloping triangle and this often precedes a pull back. The week should be up, but the week is less clear than the week just ended. Side ways is possible.
Good luck traders
The cycles continue up for this week but we have a gap up that needs to be filled by a pull back. Also there is an up sloping triangle and this often precedes a pull back. The week should be up, but the week is less clear than the week just ended. Side ways is possible.
Good luck traders
Saturday, June 2, 2018
June 4, 2018 weekly outlook
The first 5 months of 2018 ended with the DOW and SnP500 indexes flat. The Russell 2000 fared better. Appears multiple cycles bottomed this past week. So June should fare better with the fist full week of June being up.
Bonus chart - remainder of 2018 -
GL traders
Bonus chart - remainder of 2018 -
GL traders
Friday, May 25, 2018
May 28, 2018 weekly outlook
Nested envelopes indicate top formed .... Sell?
Meta Sine wave turned down and should bottom within 5-6 trading days. Past week with short cycle down and longer cycles up gave a sideways move. The week was sideways. So far 2018 has been sideways.
Monday, May 14, 2018
May 14, 2018 weekly outlook
Hurst cycles
Shorter cycles keep whipsawing up and down. Expect a short term top during the last half of the week.
Tuesday, May 8, 2018
Nested envelopes for cycles
Most of my posts use semi-circles to show cycles. On April 1 I showed you the use of "sine" waves as an alternative way to show cycles.
Bit, there are other ways to visualize cycles. Lots of people like Moving Averages (MAs) to analyze price movement. We can use envelopes (based off MA offset above and below MA). Time shifting 1/2 the cycle span centers the envelope. To extract maximum information we nest cycle envelopes.
Here is an example - Russell 2000 Index:
Note difference in MA lengths (20 and 40 days), time shifted (10 and 20 days) (2.5 and 3 deviations from MAs which are not shown)
Good Luck traders
Bit, there are other ways to visualize cycles. Lots of people like Moving Averages (MAs) to analyze price movement. We can use envelopes (based off MA offset above and below MA). Time shifting 1/2 the cycle span centers the envelope. To extract maximum information we nest cycle envelopes.
Here is an example - Russell 2000 Index:
Note difference in MA lengths (20 and 40 days), time shifted (10 and 20 days) (2.5 and 3 deviations from MAs which are not shown)
Good Luck traders
Friday, April 27, 2018
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