Wednesday, August 6, 2014

Short Term Trend Forecast

The last forecast made on July 21st stated:
- Forecasted cycle tops and bottoms are (+/-)
Top        July 23-26 +/-    (Very accurate forecast !)
Bottom August 7th +/-     (Today is August 6th and as of today the forecasted cycle top of  July 23-26 was perfect and it took advantage of the 700 point drop in the DJIA - Note that this date was originally forecasted in the July 8th blog posting)
Following cycles has been good to use as a guide or as a potential future road map, but, other tools must always be used for confirmation of any forecasted cycle trends. 

UPDATED FORECAST
- Forecasted cycle tops and bottoms are (+/-)
Bottom August 7th +/-
Top August 12-25 +/-     (This may turn out to be a trading range with a top around Aug12-19 +/- and a bottom around Aug 21 +/- and a final forecasted top around Aug 22-25 +/- all within a possible trading range)
Bottom September 3rd +/-     A special anniversary date and these type of dates are very interesting to watch.


Since cycles  cannot distinguish between trading days and calendar days, the cycle dates may come out on Holidays or weekends.  So the dates suggested that do fall on such days are to be used as a window.   So, as always, other tools must always be used for confirmation of any forecasted cycle trends.  All forecasted dates will still be noted with a "+/-" because the cycle dates are not always as perfect as we would like them to be.  Although they have been pretty accurate.  
  
Intermediate Term forecast 
            UPDATED 
So far the downward pressure of the Intermediate Term Cycles have helped the DJIA drop 700 points so far.

Intermediate term cycles are currently pointing down into August 2014 - September 2014 +/-.   
These cycles will continue to be watched for any possible changes in the forecast.   
 
Several of the current posts have hinted that a drop may be occurring 
June 5th - Barron's Confidence Index vs S&P500
July 8th - Advance Decline Oscillator & Volume Oscillator
July 15th - SPY vs the High Low 10DMA
July 15th - January Barometer
July 17th - Risk On Risk Off

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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

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