Change in Trend (CIT)
Short Term CIT forecast Update
The last forecast made stated "Currently the next CIT appears to be a window of April 26th to May 1st and possibly a top with a probable sell off into mid May."
Short Term CIT forecast Update
The last forecast made stated "Currently the next CIT appears to be a window of April 26th to May 1st and possibly a top with a probable sell off into mid May."
Today's sell off was not at or lower than the May 7th and May 9th lows so far this month.
At this point the cycles should bottom this week and then have an upward bias into the end of May.
There is no change in the Intermediate Term forecast
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.
We continue to witness this type of action.
There is no change in the Intermediate Term forecast
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.
We continue to witness this type of action.
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.
Past performance is not indicative of future results.
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