In this update only the date/s 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/s that is most important rather than if that
date is a projected high or low.
One important reason is because in some cases a date may invert 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 +/-
Mar 3-14 H - high occurred on Mar 15th
Mar 20-28 L - possible low occurring in this time frame - Low occurred on March 27th
Apr 10-13 H (+/-) - high occurred on April 5th & later on Apr 10th
Apr 4/21-24 L (+/-)
Apr 28- May8 H
See new comments in blue above and below.
Long term indicators appear positive, so far. Negative divergence on
many indicators were broken very late last year and so they now
suggest further upside. So, if pullbacks
develop into the Picasso cycle date lows and daily indicators
are OverSold, it may present a good buying opportunity.
In addition, the LT cycles appear to have shifted. The LT cycles now suggest a high around April-June +/-, a low in August +/- &
a high in 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