Cycles Update

From the Weekend Update April 13,2014

Short term cycles:
In the Update from April 10th -
"Next watch for buy signals in your best oscillators/indicators.  Still looking for a bullish bias into April 17th +/- "
So far buy signals have not been showing up but are watching for them closely.  The market still wants to go down but watch it closely for signs of turning up.
Indications are for some cycles activity on April 15th & 16th that may affect the stock market and it may display some volatility on these days.
After Thursday April 17th the next cycle turn appears to be around April 22-24 and probably a short term bottom.    

The rally into April 17th was a good call, but, the market did not turn down into the cycle turn date of April 22-24.   The market continued to rally in to that time frame where we are right now. 
With the MACD on buy signals for the DJIA and the SP500, the best strategy for now would be to wait for weakness and or sell signals as mentioned in the previous post that discusses the Stock Market Seasonality.

Intermediate term cycles are currently pointing down into July 2014 +/-.
So this may prevent some rallies from materializing, but if they do occur, some investors may take advantage of these rallies and sell into them. 

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.