Conflicting signs suggest looking before leaping this week. Projections point higher, but some internal measures point down. The tape action this week should resolve the indecision. Looks like the market is sitting on the fence for the Fed. Non subscribers can click here to access.
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Cycles – Cycle indications are mixed and conflicting, but the trend is your friend until it isn’t. Upside projections of xxxx-xxxx on the 6 month and 13 week cycles are still doable. Ideal high windows remain in xxxx. That includes the 10-12 month cycle, which has no projection yet. Down phases in short term cycles appear to have xxxx potential. Lows are due by year end.
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These reports are not investment advice. They are for informational purposes, intended for an audience of investment and trading professionals, and other experienced investors and traders. Chart pick performance changes week to week and past performance may not indicate future results, as you know. Trading involves risk, and these reports assume that you understand those risks and manage them according to your tolerance.
