Picasso Cycle Dates

In this update only the dates will be mentioned with an "H" for high and a "L" for low.
The chart amplitude can and will be misleading at times.
In addition, it is the date that is most important rather than if that date is a projected high or low with amplitude as sometimes shown on the chart, not shown.
One important reason is because in some cases a date may invert and the amplitude and the "H" or "L" may not mean anything.
A low may actually turn out to be a high and visa versa.
Also it is very important that other tools always be used to confirm any potential ST Cycle Date. 

Picasso Dates, always +/- 
Jan 17-26 H
Feb 1 L
Feb 5 H - was not included in the last post
Feb 9 L
Feb 13 H
Feb 16-28 L & potential some sideways chop



Comments
The Jan 26 H turned out to be a high and Jan 31 turned out to be a low and only one day off the Feb 1 L Picasso date.  Feb 5 H, was not included in the last post, but, so far highs on Feb 3 & Feb 7 straddled this Picasso date.

Long term indicators appear positive, so far.  Negative divergence on many indicators have been broken very late last year and so they now suggest further upside.  So, if small pullbacks develop into the Picasso cycle dates and daily indicators are OverSold, it may present a good buying opportunity.
In addition, LT cycles suggest a high April +/-, low August +/- & high November +/-.  Always remember to confirm cycle dates with your or your professional investment advisors analysis.

Keep following JustSignals using Twitter, @StockTwits or Follow By Email. Just submit your email address in the box on the Blog homepage. This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions.  Past performance is not indicative of future results