zondag 2 april 2017

Weekend Market Observations

# Longer TermAs you can see we have multiple longer term cycles at up after the 1/3 Kitchin recent bottom. The TSI is at extreme highs (in the past this has been sell points), so there could be a considerable pullback in the SPX...


# Short Term; Short cycles formed a nested bottom and have turned up. The coming week should show a positive outcome...


# The SPX and DJIA finished an EW a-b-c correction from 3/1 on Monday in the New Moon Timing Window. We are looking for all-time highs by April 15 in the SPX.
# We got an important trading low in gold on 3/10 in the Full Moon Timing Window and finished an EW 5-wave rally into Monday's New Moon, but weakness in gold stocks argues for a pullback into 4/4....